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What does the US government shutdown mean for gold?
"The US government shutdown has increased investor uncertainty, delaying Friday’s key jobs data.," said Russell Shor, senior market analyst at Tradu.com. "This has strengthened demand for gold as a safe-haven asset, while expectations of further Fed rate cuts have pushed prices higher."
Some 160 states have signed up to recognize a Palestinian state. In the last week, the United Kingdom, France, Canada and Australia have done so, but the prospect of it becoming a reality amid US opposition and Israeli resistance is at best a distant one.
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The UK, France, Canada and Australia have recognised Palestine – what does that mean? Expert Q&A
Diplomatic recognition, when done in concert, carries more heft than isolated gestures – and governments know this.