Gold Hits Yet Another Record as Political Uncertainty Boosts Bullion

The move higher came as the U.S. government shutdown dragged on, and France's Prime Minister Sébastien Lecornu resigned after less than a month. President Emmanuel Macron has failed to put together a government that can address the country's ballooning deficit, giving investors yet another source of political uncertainty. Futures rose 1.5% to $3,966 an ounce in early trading, topping $3,900 an ounce for the first time ever. Gold surged to yet another all-time high on Monday as political uncertainty in both ...