Dhaka, Oct. 9 -- Gold up 53per cent so far this yearTraders price in 25 bp Fed rate-cut this monthPlatinum, palladium up over 2per cent each; silver rises over 1per centGold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by the US Federal Reserve.

Spot gold was up 0.9 percent at $4,017.16 per ounce by 0442 GMT. US gold futures for December delivery gained 0.9 percent to $4,040 per ounce, reports Reuters.Traditionally, gold is seen as a store of value during times of instability. As one of the best-performing assets of 2025, spot gold is up 53 percent year-to-date after rising 27 percen...