-
Metals Slip, Dollar Weakens as US Shutdown Drags On
The US Dollar weakened below the 98.00 mark on Friday as the government shutdown dragged into another day, raising concerns about its economic fallout. Precious metals remained under pressure, with gold and silver edging lower as profit-taking and a firmer risk tone offset safe-haven demand. Broader FX markets stayed cautious, balancing shutdown risks with central bank signals and commodity price shifts. Gold Price Forecast (XAU/USD) Current Price and Context Gold drifted lower on Friday as risk appetite improved and the US Dollar extended its modest recovery. Despite the downside move, losses remain limited as the ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
For people who closely follow the U.S. economy, the first Friday of every month is known as “jobs Friday,” when the Bureau of Labor Statistics releases the previous month’s employment report at precisely 8:30 a.m. ET. But on this jobs Friday, September's employment data — a critical window into the health of the U.S. labor market — will not be released. ...
From fxempire.com | Oct 2, 2025
Gold: chart Gold pulls back as traders focus on U.S. dollar’s rebound and take profits near historic highs. In case gold stays below the $3850 level, it will head towards the nearest support level, which is located in the $3780 – $3790 range. Silver: chart Silver pulled back towards the $46.50 level as gold/silver ratio climbed above the 82.50 level. A ...
From fxstreet.com | Oct 2, 2025
Gold price retreats during the North American session on Thursday as the Greenback recovers some ground, trimming some of its weekly losses after Dallas Fed President Lorie Logan delivered a hawkish message. At the time of writing, XAU/USD trades at $3,844, down 0.50%. The Dallas Federal Reserve's Lorie Logan said that inflation is running above target and ...
