U.S. Shutdown Enters Day 6 — Gold Keeps Rising as Investors Flee Risk

The U.S. government shutdown has entered its sixth day, with no progress in budget negotiations between Democrats and Republicans.

• Gold prices climbed to $3,920/oz, hitting another record high as investors seek safety.
• Nasdaq and S&P 500 posted their third consecutive day of losses.
• Moody’s Analytics, one of the world’s top credit rating agencies, warned that a prolonged shutdown could damage the U.S. credit rating — raising borrowing costs and undermining investor confidence.
• Federal agencies have begun reporting real-world disruptions, including delayed payments for public health programs and research projects.

📍The White House stated it is ready to use emergency measures to partially reopen agencies if Congress fails to reach a deal this week.