Gold futures surged on Monday, reaching $4,100 per ounce, the highest level in two weeks. The rally was fueled by hopes of an end to the government shutdown and potential tariff rebates. President Trump suggested a dividend of at least $2,000 per person, sparking market optimism. The Senate advanced a bill to end the shutdown, allowing for economic data release and potential Fed rate cuts. Gold prices are up 57% year to date, on track for the best year since 1979. Despite some analysts predicting a peak, others remain bullish, with price targets as high as $4,700 per ounce.
Read more at Yahoo Finance: Gold rises above $4,100 as ‘run-it-hot’ policy, Trump tariff rebate prospects fuel rally
