Money and business

Gold touches a record level with the American government closure


Prices of Gold Today (Wednesday) to a new historical level supported by the weak dollar and demand for safe havens, after the start of the partial closure of the American government and the increasing expectations of reduction The interest this month.

The dollar fell and the dollar index fell to the lowest level in more than a week; What made the yellow metal less expensive for other currencies. "Government closure and poor job data are pressure on the dollar and enhance gold gains"

ADP data showed that the American private sector declined (32) thousand jobs in September, after a decrease of (3) thousand in August, while expectations indicated an increase of (50) thousand jobs. For other precious metals, silver (1.4%) rose to ($ 47.33) an ounce, the highest level in more than (14) years, while platinum (0.5%) decreased to (1566.30) dollars, and Balladium (1.4%) to (1239.97) dollars.

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