Gold Turns Back From Record High

Group 1 - Gold futures have turned lower after reaching new highs for five consecutive sessions, with today's close being the third-highest in gold's history [1] - The market is experiencing a pause as gold prices approach $4,000 per troy ounce, indicating a potential consolidation phase [1] - Traders are on edge due to the ongoing government shutdown and its implications for data releases, highlighting the sensitivity of the market to political developments [1] Group 2 - In the absence of significant upcoming economic data, traders are expected to closely monitor oil prices and U.S. government developments [2]