Gold Gains as Data Stokes US Economic Concerns Amid Shutdown

Gold advanced as investors sought haven after the latest US data pointed to weakening in key areas of the economy. Sentiment among American consumers soured as the shutdown weighed on the economic outlook, while high prices worsened views about personal finances. Fears about unemployment jumped, with 71% of respondents in the University of Michigan report expecting it to rise in the year ahead. Most Read from Bloomberg While the government did not release its payrolls report Friday due to the shutdown ...