Gold inches higher on stimulus hopes, virus concerns - THEMARKETTRENDZ

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Tuesday, 10 November 2020

Gold inches higher on stimulus hopes, virus concerns

A surge in coronavirus cases threatens to slow U.S. economic growth once more in coming months, Federal Reserve policymakers said on Tuesday, and to get through it the economy will again need government aid. Gold tends to benefit from widespread stimulus as it is considered a hedge against inflation and currency debasement.

from Commodities-Markets-Economic Times
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