The price of an ounce of gold continued to rise on Tuesday morning. After reaching $3,850 on Monday night, it rose to $3,870 on Tuesday, buoyed by the risk of budgetary paralysis in the United States, the so-called “shutdown”. +Get the most important news from Switzerland in your inbox At around 7:35am on the last day of September, the price of the precious metal was up 0.9% at $3,867.55 an ounce. It is heading for “its biggest monthly rise in fourteen years, as investors rush to safe havens amid growing concerns over the threat of a US government shutdown and expectations of a further rate cut by the Federal Reserve”, commented Trading Economics. If no budget, even a temporary one, is adopted by Tuesday in Washington, the US will experience another shutdown, which could delay the publication of several indicators as government agencies shut down. The market is awaiting the monthly ADP report on private sector job creation for September, due on Wednesday. The US unemployment rate ...
Full story here
Are you the author?
Previous post
See more for
Next post
Tags: Featured,newsletter
Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › Price of gold reaches record amid fears of US government shutdown
Previous post
Next post
Price of gold reaches record amid fears of US government shutdown
Published on September 30, 2025
Permanent link to this article: https://snbchf.com/2025/09/price-gold-reaches-record-amid-fears-government-shutdown/
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: decreased by 2.2 billion francs compared to the previous week
21 days ago -
2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
2025-07-31 -
SNB Brings Back Zero Percent Interest Rates
2025-06-26 -
Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
2025-06-24 -
2025-06-25 – Quarterly Bulletin 2/2025
2025-06-25
Main SNB Background Info
-
SNB Sight Deposits: decreased by 2.2 billion francs compared to the previous week
21 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
11-18-24 The Simple Rule That Keeps You On The Right Side Of The Market -
Breakable Fractional Silver Rounds and Bar: Built for Barter #silver #silverstacking -
Dow Jones vs. Gold -
The AI Cycle Everyone Is Ignoring -
Optimus & Robotaxis: DIESE 3 Ziele bringen Tesla auf $8.500 Milliarden! -
Timeline: How US President Trump upended the pharma industry in 2025 -
US trade deal forces reckoning for Swiss pharma powerhouse -
11-18-25 Indicators & Income: What Retirees Must Know (Who Can You Trust)? -
Equities Wish it were Turn Around Tuesday as Rout Continues and No Relief for the Yen -
Apple Out Google In: Warren Buffett’s Latest Moves
More from this category
Timeline: How US President Trump upended the pharma industry in 202518 Nov 2025
US trade deal forces reckoning for Swiss pharma powerhouse18 Nov 2025
Equities Wish it were Turn Around Tuesday as Rout Continues and No Relief for the Yen18 Nov 2025
Apple Out Google In: Warren Buffett’s Latest Moves18 Nov 2025
Swiss Federal Railways to extend night train service trial in 202617 Nov 2025
Swiss watchmaking: Breitling boss welcomes US tariff cut17 Nov 2025
UBS chair talked to Scott Bessent about moving bank to US17 Nov 2025
Downgraded Chances of Fed Cut Next Month Help Underpin the Greenback17 Nov 2025
US tariff negotiations reaffirm Switzerland’s role as a gold hub17 Nov 2025
Q3: Swiss GDP falls amid global slowdown, tariff shock17 Nov 2025
- Why Switzerland’s patent office spends tens of thousands on nuts
17 Nov 2025
Full Market Cycles: Half Bull and Half Bear17 Nov 2025
Average Swiss monthly household income in 2023 was CHF7,18617 Nov 2025
Is Strategy Dragging Bitcoin Down?17 Nov 2025
White House hails ‘historic’ tariff deal with Switzerland17 Nov 2025
Swiss investors push for UBS to settle over Credit Suisse bond write-off17 Nov 2025
Switzerland among vanguard shaping global digital age17 Nov 2025
- The Road to De-Civilization: Inflation and the Moral Erosion of Society
16 Nov 2025
Report: Swiss Federal Railways boss received death threats after contract awarded to Siemens16 Nov 2025
Dorothee Elmiger wins Swiss Book Prize16 Nov 2025












