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Gold Turns Back From Record High
Barrons·2025-10-03 02:45

The market appears to be taking a breath after gold prices climbed closer to $4,000 a troy ounce. Traders remain on edge due to the government shutdown and its effect on data releases, says Felipe Barragán of Pepperstone in a note. Gold futures turn lower, with the front-month contract pulling back after rising to new highs for five consecutive sessions. Today's finish is still the third-highest close in gold's history. "Without important upcoming economic data, traders will closely monitor oil prices as we ...