Gold prices hit a record high of over $4,000 amid the U.S. government’s partial shutdown. The surge is attributed to a weakening dollar and inflation fears, prompting investors to turn to gold for protection, with futures trading at $4,006. Gold bars are in high demand, flying off shelves at retailers like Costco and Walmart.

Banks and retail investors are buying gold at an increased pace, with the precious metal up 50% year to date. Countries are shifting away from U.S. Treasuries post-Trump sanctions on Russia. Bridgewater Associates founder Ray Dalio recommends a 15% gold portfolio allocation for diversification.

As gold prices soar, investors are seeing significant gains, with some reaching a 100% increase since the initial sale of gold bars. The demand for gold is driven by uncertainty and inflation concerns, making it a valuable asset for portfolios. Gold can be accessed through physical holdings, ETFs, and futures contracts.

Read more at Yahoo Finance: Gold hits $4,000 for the first time ever