30 Sep 2025
Gold surges near $3,830 as US government shutdown fears spurs haven demand
Gold jumps almost 2% as government shutdown risks weigh on the US Dollar.
Fed’s Musalem and Hammack warn of sticky inflation, while Williams highlights a weakening labor market.
Russia’s advance in Donetsk stirs geopolitical jitters, adding momentum to safe-haven flows.
Gold price advances close to 2% on Monday and trades near record highs of $3,833 as market participants seeking safety bought the yellow metal amid fears of a government shutdown in the United States. XAU/USD trades at $3,827 at the time of writing.
