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Gold Hits Record High on US Government Shutdown | The Pulse 10/1/2025

Bloomberg•Wednesday, October 1, 2025 at 10:55:23 AM
PositiveFinancial Markets
Gold Hits Record High on US Government Shutdown | The Pulse 10/1/2025
Gold has soared to a record high as the US government faces a shutdown, marking a significant moment in the financial landscape. This shutdown, the first in nearly seven years and the third under President Donald Trump, raises concerns about delays in crucial economic data releases. The surge in gold prices reflects investor uncertainty and a flight to safety during turbulent times. Additionally, the article highlights Bloomberg's Women, Money and Power event, showcasing influential figures like Ursula Marchioni from BlackRock, emphasizing the importance of diverse voices in finance.
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