08 Nov 2025 | 3 Mins Read
Gold rises amid dollar weakening, US government shutdown concerns
Flipitmoney
Gold rose 0.7% to $4,005.21 per ounce, while U.S. gold futures gained 0.5% to $4,009.80 per ounce on Friday due to dollar softening and safe-haven demand. The U.S. was poised for its biggest weekly stock market decline in seven months as investors feared a rally in AI stocks, and the Federal Reserve saw a 66% chance of a rate cut in December.