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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.

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Gold Falls Slightly Due to Shutdown

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.

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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archive

Gold Falls Slightly Due to Shutdown

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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