iSAM Expands UK Presence with Move to New London Headquarters

US Government shutdown began at midnight after Democrats blocked the Republicans’ stopgap funding package, with both parties deadlocked over health care subsidies. Around 750,000 federal workers will be temporarily furloughed, and the Trump administration has suggested mass layoffs of government workers may follow.

Gold continues to print record highs over concerns the US government will shut down tomorrow. Spot gold is trading at $3,865.65/oz; a shutdown would pause many federal operations and delay the release of key economic data, including Friday’s Non-Farm Payroll.