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Gold Strong On Global Tensions
Gold strong on global tensions as the yellow metal’s safe haven attracts investors spooked by mounting stresses between China and the U.S., a Beijing plan for a new national security law in Hong Kong and the continued economic collapse triggered by coronavirus-related lock owns. Equities fell, boosting precious metals as an alternate investment, after China announced plans to tighten its control on Hong Kong, which has been rocked by anti-overnment protests. The move threatened to worsen relations between China and the U.S., even as relations were already souring because of rhetoric about the handling of the ... (full story)