Gold Prices Surge as US Shutdown Halts Economic Data
Yahoo Finance·2025-10-06 14:40
The spot gold price jumped 1.47% on Monday as investors sough refuge from political and economic uncertainty amid a U.S. government shutdown. | Credit: Pexels. Key Takeaways A weak dollar and inflation concerns have fueled a rally in the gold market. The spot gold price jumped 1.47% on Monday. An ongoing government shutdown adds to uncertainty about the health of the U.S. economy. Amid an ongoing U.S. government shutdown, investors have flocked to gold as a hedge against currency debasement. Un ...