Gold finds its spark as the U.S. reopens

November 13, 2025 (MLN):  Gold prices climbed as optimism grew that the reopening of the U.S. government would revive the flow of economic data and strengthen the case for additional Federal Reserve rate cuts.

Spot gold was up 2.28% at $4,215.61 an ounce as of [12:44 pm] PST, according to data reported by Mettis Global.

December U.S. gold futures advanced 0.2% to settle at $4,219.90 per ounce.

“The expectation of weaker economic indicators in the aftermath of the government shutdown has been supportive for gold, and ongoing central bank buying continues to lend further strength,” analysts at ANZ noted in a report.

President Donald Trump signed a bill on Wednesday officially ending the longest government shutdown in U.S. history.

The 43-day closure, which began on October 1, suspended key economic reports such as employment and inflation data, leaving investors in the dark about the health of the economy.

Gold which offers no yield generally benefits from lower interest rates and times of economic uncertainty.

The metal has rallied 60% so far this year, touching a record high of $4,381.21 on October 20, driven by persistent geopolitical frictions, trade tensions, and expectations of further monetary easing by the Fed, CNBC reported.

Meanwhile, spot silver jumped 1.4% to $54.15 per ounce, approaching its record peak from October 17.

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