Gold prices are approaching $4,000 an ounce due to US government shutdown and French political crisis. Traders anticipate a quarter-point rate cut this month, making gold more appealing as it doesn’t pay interest. Citadel’s Ken Griffin is worried that investors are favoring gold over the dollar as a safer asset amid US fiscal and monetary stimulus. Scharles Schwab’s Kevin Gordon discussed the situation on ‘Bloomberg Businessweek Daily’.

Read more at Yahoo Finance: Gold Approaches $4k as Investors Weigh Shutdown