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Dollar Slumps as Shutdown Fears Lift Gold to Record Highs

Key Takeaways: *The U.S. Dollar Index stayed under pressure as Washington’s funding standoff raised the risk of a government shutdown and suspension of key data releases. *Dovish Fed commentary and easing geopolitical tensions have eroded the dollar’s safe-haven bid, leaving downside risks dominant. *Gold surged to fresh record highs above $3,850, fueled by safe-haven flows,Continue Reading
PU Prime Launches Gold Trading by the Gram (GAUUSD)

September 29, 2025 – Global multi-asset broker PU Prime has officially announced the launch of a new gold trading product, GAUUSD (Gold Gram vs US Dollar). This launch caters to the trading preferences of investors in markets such as the Middle East and Turkey, where gold is often valued by the gram. It also furtherContinue Reading
Written on September 29, 2025 at 6:07 am
Categories: Product Update
Fed Risks Weigh on Dollar, Lift Gold

Key Takeaways: *The U.S. dollar weakened despite strong Q2 GDP and consumer spending, as political interference fears overshadowed solid data. *Treasury yields drifted lower, while shutdown risks threaten to delay key economic data, adding to dollar fragility. *Gold benefited from safe-haven flows, buoyed by NATO-Russia tensions and easing real yields. Market Summary: The U.S. dollarContinue Reading
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