The price of gold is a new highlight amid economic problems in America

Gold Price scored a new record today, supported Monday, by a strong rise in precious metals, amid an anticipation in the markets on the possibilities of the US government and the impact of this on the decisive work data this week, which could fertilize the vision of the monetary policy trends of the “federal reserve”. The price of the gram of gold rose 1% to an unprecedented level at $ 3798.73, which exceeded the peak he reached last Tuesday and continued its profits for the sixth week in a row. Silver also rose 1.2%, and Platinum and Bolladium earned strong profits, supported by the narrowing of the offer and strong motives for the revamped indicators supported by these minerals. Investors are following the upcoming meeting today between President Donald Trump and the leaders of Congress, just 24 hours before the federal government funding ended unless a temporary bill for expenses was agreed. In the case of a closure, the issuance of important data such as the expected work report will be a threat on Friday, a report that is expected to show a slowdown in work growth during September. Read more: What happens when the US government is closed? Any weakness in employment data will strengthen the market’s expectations to reduce interest in the federal meeting during October, a scenario in the interests of gold as it does not yield. However, the interest is still ambiguous, as federal officials differed over the next step, at a time when some economic data exceeded expectations. Meanwhile, concerns continued about the independence of the ‘Federal Reserve’, especially after the lawyer of Lisa Cook asked the Supreme Court to maintain her position, in collaboration with her legal battle against Trump’s attempt to dismiss her. A way of a sudden value and the Barclays experts, including the Thimstocles, Viences and Levitress Varmakis, in a memorandum on Sunday, is of the opinion that gold does not seem exaggerated in its prices compared to dollars and connections, but rather a bonus should include a bonus. the “manner of a way of a sudden value made of a way.” The price of gold has risen by more than 40% since the beginning of the year, with the achievement of new record levels supported by the strong demand of central banks, and the expectation to return US interest reduction. The yellow metal is on its way to record quarterly profits for the third quarter in a row, amid the high possessions of gold -returned indicators to the highest level since 2022. Goldman Sachs and Deutsche Bank expect this upward trend to continue. On the other hand, the rest of the precious metals have seen an unprecedented tightening this year, which has increased concerns about the decline in the stock available for circulation in London, with the increasing shortage of supplies over the past year. Rental rates, platinum and balladium have increased to more than usual. ‘City Group’ analysts, led by Max Lighton, also warned that the market was exacerbated by the fear that the Platinum Group minerals would be included in Trump’s investigations under section 232 related to critical minerals, which could increase the chances of the palladium duties. The results of the review are expected later in October. By 10:29 p.m. Singapore time Instant Gold rose 0.9% to $ 3793.94 per ounce, while the Bloomberg index for the dollar fell 0.2%. As far as the silver is concerned, it has jumped to its highest levels since 2011 after it entered the $ 45 barrier for the first time in 14 years, and it was traded 0.8% to $ 46.46 per gram today. Platinum rose by 2% to 1613.52 dollars, while Palladium has risen 2.2% to its highest level since July.