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Gold Awakens and Rises Above $4,000 per Ounce
Uncertainty is growing in global markets, and as usual, the price of gold is rising as well. Concerns are mounting over the Supreme Court’s decisions regarding the tariffs imposed by Donald Trump; at the same time, there are fears that the U.S. economy may suffer from what is now officially the longest government shutdown in history.
[Source: Milano Finanza]
Gold continues to climb as U.S. shutdown and tariffs fuel uncertainty
The yellow metal begins its ascent toward $4,000, supported by a weaker dollar and growing investor interest in safe-haven assets. Spot gold rose 0.4% to $3,998.65 per ounce.
[Fonte: Marketscreener]
Solid U.S. employment data, but risk aversion persists
Gold prices are up 1% today, driven by investors’ aversion to riskier assets. Despite U.S. employment rising by 42,000 — well above analysts’ expectations — the increase in gold prices should reassure the bullish market for the precious metal, which had been discouraged by recent declines.
[Source: Marketscreener]
