3 records on Wednesday

7:47 AM August 5, 2020

Markets are once again playing down issues like coronavirus pandemic or rising US-China tensions as earnings season shows Q2 wasn't as bad as feared. The US stock market is surging with 2 indices reaching record levels - US100 reached a new all-time high while US500 reached a fresh post-pandemic high. Moreover, gold price has climbed above $2,000 for the first time in history and has painted a fresh all-time high near the $2,030 mark amid a flood of cheap money.

Gold has surged above the 2011 peak yesterday and continued to move higher. $2,000 mark was breached for the first time in history. Source: xStation5


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