Jeff Duncan
Gold rises on renewed US stimulus hope, dollar falls
Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...
Protesters topple down 120-year-old statue of Confederate general in Washington DC
A group of protesters toppled down a statue of Confederate General Albert Pike in Washington, D.C. on Friday night. The protesters gathered in Judiciary Square around the statue of Pike reportedly at around 11 p.m. (0400 GMT Saturday) and tore down the 120-year-old artwork 15 minutes later. The city’s only outdoor Confederate statue, after falling to the ground, was lit on fire before police officers arrived and extinguished the flames. The episode came on Juneteenth, which commemorates the end of slavery in the United States. President Donald Trump lashed out at the Washington, D.C. police for allowing the incident to happen. “The D.C. Police are not doing their job as they watch a statue be ripped down & burn. These people should be immediately arrested. A disgrace to our Country!” h...
