The price of gold increased the sixth time in a row and reached a new 2495 dollar record per ounce, because the closure of the US government encouraged investor demand for safe refugees.
At jump prices also influenced relatively bad data on employment, which have amplified the expectations of interest rate reductions by the American Federal Reserve (Fed), trading Economics reported.
The closing of the government also threatens delaying key economic publications, including employment information, originally scheduled for Friday. In addition, the publication of the inflation of consumer prices, scheduled for 15. October, could be extended, which could leave a FED with limited data before the upcoming policy decisions.
Employment in the private sector in the United States unexpectedly fell in September, according to the latest report of the ADP, which encouraged traders to include two reductions from the 25 percent points before the end of the year, reports SEEbiz.
The price of gold has now risen by almost 50 percent since the beginning of the year, which is its strongest annual effect from 1979. years.
