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Gold Hits $4K, Europe's Largest Debut Since Porsche & France's PM Speaks | The Opening Trade 10/8

Markets

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October 8, 2025

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Bloomberg

Spot gold smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally. Outgoing French Prime Minister Sebastien Lecornu expressed optimism that an accord can be reached to allow the formation of a new government without fully endorsing a new proposal to rethink a controversial pension law as demanded by the Socialists. “The good news is that with all the consultations I have had,” Lecornu told reporters Wednesday, “there is a desire to have a budget for France before Dec. 31.” The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. (Source: Bloomberg)

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