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The World in Brief from The Economist

Gold hits $4,000 an ounce; America and Canada hold trade talks, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 8 October 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

The price of gold futures hit $4,000 per troy ounce for the first time.

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Transcript

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0:00.0

Hello, you're listening to the free edition of the world in brief from The Economist.

0:11.2

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.1

If you're already an Economist subscriber, visit

0:22.9

economist.com slash espresso or visit our espresso app to start listening. Here's today's

0:29.5

free edition.

0:35.0

This is the World in Brief from The Economist.

0:42.3

Our top stories.

0:45.5

The price of gold futures hit $4,000 per Troy ounce for the first time.

0:51.9

The yellow metal's price has risen by more than 50% this year, as Donald Trump's

0:57.1

erratic trade policies shook investors' confidence in the dollar and treasuries. The latest spurt

1:04.2

accompanies fears of lingering inflation in America after the Federal Reserve indicated it would

1:10.4

lower interest rates.

1:13.5

Mr. Trump predicted that Canada would, quote, walk away very happy from trade negotiations with

1:20.7

America as Mark Carney arrived in Washington for talks.

1:25.2

Speaking at the White House with the Canadian leader, Mr. Trump said reaching an

1:30.0

agreement was complicated because the neighboring countries have a natural business conflict.

1:36.3

Mr. Carney said Canada would get the right deal. Officials from Syria's government met

1:43.2

representatives of the Syrian Democratic forces, an American-backed Kurdish group in Damascus.

1:50.5

Earlier on Tuesday, the two sides agreed to a ceasefire after clashes in northern Syria.

1:57.2

Meanwhile, Ahmed al-Shara, Syria's president, hosted American officials for talks.

2:03.4

They reportedly discussed plans agreed with the SDF in March to integrate the group into Syria's armed forces.

2:12.4

Intercontinental Exchange, ICE, the parent company of the New York Stock Exchange will invest up to $2 billion

...

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