Metals Stocks: Gold settles lower as Senate votes to end the government shutdown

Gold edged higher Monday, finding some support from a weaker dollar as the U.S. government shutdown stretched in to a third day.

February gold GCG8, -0.06% tacked on $1.40, or 0.1%, to $1,334.50 an ounce.

“The U.S. government remains shut down for the third day, as U.S. lawmakers cannot agree on a budget,” said Jim Wyckoff, senior analyst at Kitco.com.

So far, “the situation has not had a major impact on the world marketplace, but has somewhat limited buying interest in U.S. equities and [has] pressured the U.S. dollar in the foreign exchange market,” he said in a note.

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