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Home » Gold climbs to record as US government shutdown boosts havens
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Gold climbs to record as US government shutdown boosts havens
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Staff Writer
October 1, 2025
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A suspension in federal operations risks adding further pressure on the dollar, while the release of data critical to assessing the health of the US economy, including Friday’s non-farm payroll numbers, may see delays.
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Gold reached a new all-time high as the US began a government shutdown, threatening upheaval, including delays to key economic data releases.Bullion rose to touch $3,875.53 an ounce, rallying for a fifth day. That came as a stop-gap funding package failed to avoid a closure in Washington and the White House instructed government agencies to “execute their plans for an orderly shutdown” — the first in seven years.Login to view the full contentYou need to log in to view the full post content. Login
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