Gold prices may surrender to the US Dollar if another wave of the coronavirus hammers global growth prospects and destabilizes the fragile corporate debt market. Anti-fiat hedges like gold may surrender in the third quarter if a second wave of the coronavirus hits the global economy and dampens future inflation prospects. Demand for haven-linked assets like the US Dollar may amplify XAU/USD’s losses as traders re-allocate capital from relatively ...
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While coronavirus has halted large-scale live music events like summer music festivals and stadium tours, one U.K. racetrack is converting itself into the first “dedicated socially distanced venue.” The Virgin Money Unity Arena in Newcastle, England will modify the city’s racetrack to accommodate 500 viewing platforms, with a maximum of attendance of 2,500 people allowed. Each viewing station, positioned to ...
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