استمتع بـUnlimited مع Magzter GOLD
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Gold rises on US gov’t shutdown fears
October 02, 2025
|Business World Philippines
GOLD PRICES rose on Tuesday to hover near record highs, buoyed by concerns over a looming US government shutdown, while soft jobs data bolstered expectations of US Federal Reserve rate cuts.
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Spot gold rose 0.3% to $3,843.43 per ounce as of 1:51 p.m. ET (1750 GMT), rebounding from earlier losses in US hours. Prices hit a record high of $3,871.45 during Asian trading.
US gold futures for December delivery settled 0.5% higher at $3,873.20.
“Gold is showing remarkable resilience again, effortlessly clawing back early losses after uninspiring US JOLTs data that won't stand in the way of another rate cut in a month’s time,” said Tai Wong, an independent metals trader.
هذه القصة من طبعة October 02, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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