Gold, Treasuries Shine As Investors Flock To Safe Havens Amid US Government Shutdown Worries

Gold shines as safe haven amid US government shutdown worries. (Photo source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Global investors are rushing to traditional safe havens after the US government's first shutdown in nearly seven years threw financial markets into a spell of uncertainty. The political deadlock in Washington, which halted all but essential federal services after Congress missed its midnight funding deadline, is disrupting the release of key economic data.

With government offices closed, investors will not get updates this week on jobless claims, factory orders, or September's hiring report — figures that typically guide Wall Street's forecasts for growth and the Federal Reserve's next policy moves. The absence of these signals is expected