Gold prices today hit fresh record amid fast-spreading Covid cases - Business News, Finance News, Share Market News - Market trendz

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Tuesday 4 August 2020

Gold prices today hit fresh record amid fast-spreading Covid cases

Gold tends to gain when interest rates are low, which reduces the opportunity cost of holding non-yielding bullion. It is also seen as a hedge against inflation and uncertainty.

from Commodities-Markets-Economic Times
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