Gold jumps further above $2,000/oz
Gold has soared more than 30% in 2020 and is benefiting from heightened uncertainty around the long-term effects of the global health crisis
05 August 2020 - 13:00
London — Gold jumped to a record high on Wednesday, pushing further past the $2,000 mark in the face of a weak dollar, falling US treasury yields and expectations of more stimulus measures for the pandemic-ravaged global economy.
European stocks opened higher, aided by a batch of positive earnings. US equity futures rose too, indicating a firm open for Wall Street, while MSCI’s broadest index of Asia Pacific shares outside Japan rose 0.7% to a six-and-a-half-month peak...
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