Gold Nears $4,000 Amid Shutdown Uncertainty and Fed Outlook 🟡

Gold prices soar to a record $3,893 as the US government shutdown delays jobs data, fueling market uncertainty and impacting Federal Reserve plans.

Benzinga•500 views•0:44

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Gold hit a record $3,893 an ounce as the U.S. entered its first government shutdown in nearly seven years. The closure delays key jobs data and clouds the Fed’s outlook, while Trump suggested using it to cut federal workers. Analysts say instability, inflation, and tariffs could push gold above $4,000 soon.

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500

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0:44

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Published
Oct 1, 2025

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