Gold Rush: Shutdown Sparks Safe Haven Surge
Update: 2025-10-06
Description
Gold prices skyrocket to a record high amidst the US government shutdown and delayed economic data! Investors are flocking to safe-haven assets like gold, silver, platinum, and palladium, driving a nearly 50% surge in gold prices this year. With economic uncertainty fueled by the shutdown and Federal Reserve rate cuts, the demand for precious metals is soaring as investors navigate a volatile market landscape. The delayed release of US payroll data leaves investors in the dark, making gold's safe-haven appeal even stronger. All eyes are on Washington and the Fed as the future of the markets hangs in the balance.
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