USA Shutdown: Gold Prices to Surge? India's Impact Explained
National International
N
News18•01-02-2026, 08:05
USA Shutdown: Gold Prices to Surge? India's Impact Explained
- •A partial US government shutdown began on January 31 due to unapproved funding bills in Congress.
- •Key departments like Pentagon, Homeland Security, Transportation, Labor, and Health are affected, leading to federal employee furloughs.
- •The shutdown stems from disputes over DHS funding, immigration enforcement, and ICE restrictions.
- •Experts predict a short-lived shutdown, likely resolved by February 3 when the House reconvenes.
- •While global economic impact is expected to be minimal, gold prices may rise due to increased demand for safe-haven assets amid uncertainty.
Why It Matters: US partial shutdown impacts federal employees and could boost gold prices, with minimal global economic disruption.
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