Daily Morning Analysis Report – Thursday – 16/10/2025

Daily Market Report

➢ Gold eyes $4,250, extending its record-setting advance in early Asian trade.
➢ Spot XAU/USD briefly topped $4,242, printing a new all-time high before easing slightly.
➢ Safe-haven demand remains firm amid the ongoing US government shutdown.
➢ The shutdown enters its third week, with no progress on a funding deal in the Senate.
➢ Weaker USD supports bullion as political gridlock weighs on investor sentiment.

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