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Gold Analysis: Amid Increasing Purchase of Gold as a Safe Haven
Investors have increased their demand for buying gold bullion as a safe haven once again, given the continuation of the US government shutdown. The shutdown adds to the ambiguity of financial market performance in the coming days, as it prevents the release of crucial economic data that determines the future policies of the US Federal Reserve and the reaction of US economic sectors to the longest government shutdown in history. According to gold trading company platforms, the gold price index is stable higher around the $4145 per ounce resistance level at the time of writing the analysis. Continued US Shutdown ... (full story)
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