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Gold and silver break higher as US debt concerns eclipse shutdown relief
Gold and silver have started the week with firmer conviction, extending Friday’s rebound and signalling that investors remain willing to add exposure to precious metals despite another rise in bond yields. The macro backdrop is unusually mixed: signs of weakening US economic momentum are emerging at the same time that political negotiations appear to be nudging Washington toward ending the government shutdown. A potential end to the shutdown matters for several reasons. At the surface level, it would allow key data releases to resume and give the Federal Open Market Committee a clearer picture of underlying ... (full story)
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From kitco.com | Nov 10, 2025
Gold and silver prices are sharply up in early U.S. trading Monday, with gold hitting a two-week high and silver a three-week peak. Notions the U.S. government may be close to reopening have boosted the precious metals markets, from the angle of the resumption of U.S. economic data flows will provide better odds of a Federal Reserve interest rate cut in ...
THE SENATE MAJORITY LEADER THUNE STATES THAT AN AGREEMENT IS NEARLY READY DEMOCRATS ARE READY TO BRING BILLS TO STOP THE GOVERNMENT SHUTDOWN, WITH AT LEAST 10 SENATE DEMOCRATS EXPECTED TO SUPPORT THE PLAN, ACCORDING TO AXIOS
Senate leader says potential shutdown deal coming together but no guarantees The Republican leader in the US senate said a potential deal was coming together on the government shutdown but that there was no guarantee it would end an impasse now stretching to 40 days. There have been few signs of progress over the weekend that could be crucial in a funding fight that has disrupted flights nationwide, threatened food assistance for millions of Americans and left federal workers without pay. Top Republicans are working to present a legislative package that would reopen the government into January while also approving full-year funding for several parts of government.
Deal Reportedly Within Reach to End Government Shutdown A deal is reportedly within reach to end the 40-day long government shutdown according to a new report from Axios. The Axios report citing sources from both parties said that Senate Democrats are prepared to advance a package of bills to bring an end to the standoff. The procedural motion which would set up votes on these bills is expected to be supported by at least 10 Senate Democrats, per Axios which adds that the deal would include a vote on extending Obamacare tax credits in December. The ramifications of the shutdown have begun to ramp up in recent days. The disruption to the Supplemental Nutrition Assistance Program (SNAP) has impacted 42 million Americans who receive SNAP benefits. And airport delays have begun to pile up as there is a shortage of air traffic controllers due to the fact they have not been paid.
The Senate has reached a bipartisan deal to extend government funding, in a major sign the shutdown is poised to end TRUMP: LOOKS LIKE WERE GETTING VERY CLOSE TO THE SHUTDOWN ENDING.
Shutdown end in sight as centrist Democrats back Senate stopgap deal to reopen government The U.S. government shutdown appeared close to ending after a group of centrist Senate Democrats agreed to support a stopgap deal to reopen key agencies and provide temporary funding. Under the proposal, federal employees would receive back pay and states would resume delayed federal transfers. The measure would fund certain departments through January 30, while others would receive full-year appropriations. However, the bill faces a tough path in the House. Democratic leaders have spoken out against the compromise, arguing it concedes too much to Republicans. At the same time, conservative GOP lawmakers are pushing for a broader package that would fund the entire government through September 30, setting up another potential standoff. The agreement marks the most serious bipartisan effort yet to end the protracted shutdown, though the political divisions underscore the difficulty of reaching a lasting budget deal.