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Gold Edges Higher Amid Ongoing U.S. Government Shutdown Risks
Wednesday, 1 October 2025 07:13 WIB | GOLD |GOLD

Gold edges higher in the early morning Asian session. The U.S. federal government is on track to shut down, with Congress set to miss the deadline to fund federal agencies.

Front-month Comex gold futures ended 16.59% higher in 3Q, a record quarterly net gain.

The precious metal's strong performance has been fueled by risingdemand for safe-haven assets, Exness's Agustina Patti says in an email.

Immediate focus has remained on Washington, where talks between President Trump and congressional leaders ended without agreement on extending government funding, the financial markets strategist adds. Spot gold is 0.1% higher at $3,860.88/oz.

Source: Bloomberg

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