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Gold Reaches $2,000 For The First Time eVER

Video Credit: Wochit News
Published on August 5, 2020 - Duration: 00:28s

Gold Reaches $2,000 For The First Time eVER

On Tuesday, spot gold briefly touched a record high of $2,000 an ounce.

Traders consider gold a "safe-haven asset." There is hope another US stimulus bill is in the works.

A bill could put further liquidity into markets and weigh on rates, supporting the commodity.

Business Insider reports that Gold has surged nearly 32% year-to-date.

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