Categories: Gold

Gold Falls Slightly Due to Shutdown

 

Brian Giesen
Gold Falls Slightly Due to Shutdown (CNBC)

Gold fell near $1,310, while the dollar rose from an eight-month low, but most trading was muted today as investors were hesitant due to the uncertainty of how long the government shutdown would last. “There doesn’t seem to be a lot of fear yet priced into financial markets (from the shutdown), and until there is, I don’t think gold will do much,” Deutsche Bank’s global head of commodity research Michael Lewis said.

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