Gold rose for a third session on Thursday<\/strong> as investors weighed the formal end of the United States\u2019 record 43-day government shutdown against lingering uncertainty about the economic outlook and the Federal Reserve\u2019s next move.<\/p>\n\n\n\n At 12:55 GMT, spot gold<\/strong> was up 1.1% to $4,242.09\/oz<\/strong>, while December futures<\/strong> added 0.8% to $4,247.80\/oz<\/strong>.<\/p>\n\n\n\n President Donald Trump signed a funding bill late Wednesday after House approval, restoring federal operations and clearing the way for the release of delayed official data. While the restart removes an immediate headwind, traders remained cautious that forthcoming indicators could flag softer activity after the disruption. (Trump has claimed<\/strong> the shutdown cost the economy $1.5 trillion<\/strong>.)<\/p>\n\n\n\n Analysts at ANZ said the prospect of weaker incoming data<\/strong>, combined with ongoing central-bank buying<\/strong> and broad macro uncertainty, supported bullion this week.<\/p>\n\n\n\n Even as markets pared expectations<\/strong> for a December Fed cut\u2014CME FedWatch<\/strong> now implies about a 50.4%<\/strong> chance of a 25 bp reduction versus 62.4%<\/strong> a day earlier\u2014gold held gains. The divergence suggests hedging demand<\/strong> and official-sector purchases<\/strong> are offsetting the drag from higher expected real yields.<\/p>\n\n\n\n Sustained official purchases, notably from the People\u2019s Bank of China<\/strong>, remain a constructive medium-term pillar. Recent figures showed the PBoC increased reserves for a 12th straight month in September<\/strong>, reinforcing a steady bid beneath prices.<\/p>\n\n\n\n Momentum extended beyond gold: spot platinum +1.2% to $1,650.20\/oz<\/strong> and spot silver +1.0% to $53.960\/oz<\/strong>, both on course for weekly gains. The breadth reflects a mix of safe-haven interest and improving industrial sentiment as supply-chain and travel frictions ease with the U.S. reopening.<\/p>\n\n\n\n Base metals joined the move higher. LME three-month copper +0.6% to $10,975\/t<\/strong> and COMEX copper +0.6% to $5.1340\/lb<\/strong>, buoyed by expectations that a functioning U.S. government will reduce domestic disruptions and by recent stimulus signals from China\u2019s new five-year plan<\/strong>, which emphasize industrial output and local production.<\/p>\n\n\n\n With the data pipeline resuming<\/strong>, upcoming U.S. labor and inflation prints will likely steer rate expectations<\/strong> and, by extension, gold\u2019s risk premia<\/strong>. Into that uncertainty, continued central-bank accumulation<\/strong> and macro hedging<\/strong> argue for dip-buying support, while a hawkish repricing in real yields remains the key headwind to test the $4,200 handle.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold rose for a third session on Thursday as investors weighed the formal end of the United States\u2019 record 43-day government shutdown against lingering uncertainty about the economic outlook and the Federal Reserve\u2019s next move. At 12:55 GMT, spot gold was up 1.1% to $4,242.09\/oz, while December futures added 0.8% to $4,247.80\/oz. Reopening relief, but …<\/p>\n","protected":false},"author":9,"featured_media":105896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,36],"tags":[],"class_list":["post-120858","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120858"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120858\/revisions"}],"predecessor-version":[{"id":120859,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120858\/revisions\/120859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105896"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Reopening relief, but a murky macro picture<\/h2>\n\n\n\n
Rates repriced, but gold still bids<\/h2>\n\n\n\n
Central-bank demand in focus<\/h2>\n\n\n\n
Complex-wide strength: silver and platinum advance<\/h2>\n\n\n\n
Copper firms on demand hopes<\/h2>\n\n\n\n
The near-term setup<\/h2>\n\n\n\n