Gold prices edged higher on Thursday, supported by a weaker U.S. dollar and renewed safe-haven demand as investors weighed the impact of a possible prolonged government shutdown and fresh doubts over the legality of U.S. President Donald Trump’s tariff measures.
Spot gold rose 0.2% to $3,989.91 per ounce by 1:40 p.m. ET (1840 GMT), while US gold futures for December delivery settled almost unchanged at $3,991. The dollar retreated 0.5% after touching a four-month high in the previous session, making gold more affordable for foreign investors. Advertisement
“With the U.S. government shutdown and skepticism from Supreme Court justices on the tariff case, we’re seeing a revival of the haven bid,” said Peter Grant, vice president and senior metals strategist at Zaner Metals. “Gold is on tra

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