Gold pays about 4000 dollars as the US government continues to be stopped

The height, which follows the weekly gains, comes at a time when the US government closed delaying the main data, which increases the blocking of A. Mysterious economic expectations. With the lack of official numbers, merchants depend on special reports of signs, while The US Central Bank It struggles to assess the changing conditions. Traders still hear in reducing the price of the quarter this month, which will benefit gold more because it does not pay the benefit.

Prices have increased by more than 50 % this year, with gold supported Funds circulating for exchange Swelling again last week.

Option traders continue to chase more gathering, adding more bullish situations in SPDR GOLD Shares ETF. The trader sold $ 355 dollars purchased in late September when gold was less than 5 %, and bought 370 dollars in reward for more than 26 million shares, with a bet on another profit by 1.8 % by the end of next week.

The alloys rose to the top of this year, driven by the purchases of the central bank because it diversified away from the US dollar. Investors flocked to assets such as gold, silver and bitcoin, in what is called “Debasement”, which is fueled by concerns about the Fiat currencies.

“The background is sound with the federal reserve on the path to reduce prices, along with weak labor market,” said Ahmed Asiri, an analyst at the Peppperstone Group Ltd.

Gold rose by 1.9 % to $ 3,961.19 as of 4:55 pm in New York. Bloomberg index in dollars offer 0.3 %. Silver, platinum and allbolladium climb.