Gold Outlook: Risk Flows Lift Bullion Amid Shutdown, Soft Labor Data

Gold price analysis

Gold outlook remains bullish, standing above the key $3,870 level. Risk flows due to the US government shutdown, weaker labor data, and the Russia-Ukraine crisis push gold up. Markets await the US ADP and ISM Manufacturing PMI for more impetus. Gold prices are holding near the record high levels of $3,875 during the early European…

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