International gold prices are looking set for their best month in 14 years, after having soared 46 percent so far in 2025, setting it up for the best year since 1979. The precious metal prices crossed $3,800/oz earlier on September 30, fuelled by a slew of factors including worries of a looming US government shutdown, which may be used to lay off 'non-essential' workers.
Investors feared that the uncertainty around a US government shutdown may also delay the release of US jobs data, due on Friday, and seen as crucial in determining the rate cut trajectory by the Federal Reserve.
President Trump and opponents from the Democratic Party could not agree during a White House meeting resolve the crisis, earlier on September 30, with Vice President JD Vance cautious ahead of the Tuesday midnigh