Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
After stocks rocketed last week on U.S. tax proposals moving forward, the indices are looking weak and wobbly this week as the United States is edging closer to another government shutdown. The United States’ Congress needs to pass the budget to keep the government funded as the deadline looms on October 8th Friday. After reaching a new all-time high of 2665 on Monday, the stocks quickly retraced gains and declined by more than a percent.
Last week, after President Trump tweeted that though he is set to meet Senate minority leader Chuck Schumer and House minority leader Nancy Pelosi, he doesn’t see a deal. After which, both the leaders canceled their meeting with Trump to avert a government shutdown. However, the two leaders are set to meet Trump and Republican leaders this week.
One of the main sticking points has been the immigration. The Democrats want Trump to ensure protection for dreamers, who arrived in the United States illegally but as children, which means they hardly had any say on the subject. The DREAM Act (Development, Relief, and Education for Alien Minors) is a piece of legislation first introduced to Congress in 2001 that grants a pathway to citizenship to young people who were brought to the United States as children without documentation. Trump wants Democrats to ensuring funding for his proposed border wall.
Senate majority leader, Mitch McConnell is reportedly working on a bill that would temporarily avert the shutdown and push back the deadline from December 8th to December 22nd.
