Gold Rises for Fourth Session as U.S. Debt Concerns Boost Safe-Haven Demand

Gold prices climbed for the fourth consecutive session on Thursday, reaching their highest level in nearly two weeks. The rally comes amid growing investor anxiety over the U.S. government’s rising debt burden and deteriorating fiscal outlook. As uncertainty mounts, many are turning to gold as a traditional safe-haven asset, pushing demand—and prices—higher. Analysts suggest that unless there is a clear resolution to the U.S. fiscal challenges, the upward momentum in gold could persist.