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Gold powers towards US$4,000 as US govt shutdown drags on
The Straits Times
|October 07, 2025
Gold rose to another record on Oct 6 - closing in on the US$4,000 an ounce mark - as the US federal government shutdown dragged on.
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Bullion advanced as much as 1.2 per cent to US$3,932.02 an ounce. The disruption in the United States has delayed jobs data, which was due on Oct 3, making a murky economic outlook even more unclear.
With the lack of data, traders are depending on private reports for more clarity on the US economy, while the Federal Reserve is finding it challenging to make monetary policy decisions.
Diese Geschichte stammt aus der October 07, 2025-Ausgabe von The Straits Times.
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