Gold Surges as US Push to End Shutdown Turns Attention to Fed

Gold surged as US lawmakers moved closer to ending the longest shutdown in American history, a move that would help lift the fog around the Federal Reserve’s path on interest rates. Bullion jumped as much as 2.1% to trade around $4,080 an ounce. On Sunday, a group of Senate Democrats broke with their party on a procedural measure to help Republicans advance a funding bill. Ending the shutdown would give investors greater clarity on key official economic data such as jobs and inflation. Most Read from Blo ...