Zee Business Gold Tops $4,000 as Fed Cut Bets Rise; Oil, Copper, and Sugar See Global Shifts

Gold prices soared above $4,000 an ounce as the dollar weakened and hopes rose for a Federal Reserve rate cut in December. Oil also gained on optimism that the US government shutdown will end soon, while copper climbed after China’s inflation data boosted confidence in recovery. However, palm oil steadied near multi-month lows on record inventories, and sugar hit a five-year low amid rising global supply concerns. Commodities are moving sharply as global economic signals shift direction.

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