Stocks, Gold Pull Back as Shutdown Uncertainty Persists

Published 4 weeks ago Negative
Stocks, Gold Pull Back as Shutdown Uncertainty Persists
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Markets took a breather on Thursday, with investors taking profits and riskier assets pulling back after the sharp rallies of recent weeks. Gold prices fell 2.4% to $3,946.30 after climbing above $4,000 per troy ounce for the first time on Tuesday. Both metals have rallied in recent days, partly owing to increased investor demand for safe-haven assets amid the U.S. government shutdown.

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