Gold prices outskirt up on Monday amid a softer
dollar as lender sought safe haven assets after the US government shutdown due
to a funding dilemma.
Funding
for federal company ran out at midnight on Friday, and was not renewed amid a
dispute between US President Donald Trump and Democrats over immigration.
Republican and Democratic chief of the US Senate
held talks on Sunday searching to break an impasse that has kept the US
government shut down for two days, but it was unclear if a deal could be battered
to reopen federal company by the start of the work week.
Republican
Senator John Cornyn predicted on Sunday that the US government would remain
shut on Monday, as lawmakers meet to negotiate an end to the impasse, Fox News
Channel reported.
Flows
of palladium out of UK stocks to Hong Kong are picking up as demand from Asian
industry grows, pointing to a tightening market that could keep record-high
prices on the boil.
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