Gold hits new record\, equities up on US stimulus hope

Gold hits new record, equities up on US stimulus hope

Energy Daily Tuesday, 28 July 2020 ()
Gold hits new record, equities up on US stimulus hopeHong Kong (AFP) July 28, 2020

Gold chalked up another record Tuesday as the dollar extended losses and traders rushed into safe havens as fears about the coronavirus pandemic mounted, while equity markets rose on hopes for a fresh US stimulus package and more Federal Reserve largesse. With worrying new spikes in COVID-19 in Asia and Europe - on top of the already high new US cases - forcing governments to impose strict
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Video Credit: CBS 2 New York - Published
News video: 'If We Do Not Receive That Money, It's Not Going To Be Pretty': New Jersey Leaders and Residents Await New Federal Stimulus

'If We Do Not Receive That Money, It's Not Going To Be Pretty': New Jersey Leaders and Residents Await New Federal Stimulus 01:54

 Local leaders joined residents as they anxiously awaited details regarding a new federal stimulus, hoping it provides much needed relief. CBS2's Aundrea Cline-Thomas reports.