Coronavirus, Hurting Jobs and Loans, Has Indians Selling the Family Gold

NEW DELHI—Investors throughout the world are hoarding gold in the Covid-19 pandemic. In generally gold-obsessed India, there’s a glut, as having difficulties families quit getting and begin hocking jewelry.

Global buyers have lifted the cost of gold to all-time highs this 12 months, trying to get their hands on much more gold coins, bars and trade-traded resources. Several are searching for shelter in the commodity from the storm of coronavirus and geopolitical issues, these kinds of as the U.S.-China romantic relationship to November’s U.S. presidential election.

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Macron Presses Lebanon’s Leaders to Form Government, Deliver Reforms

French President Emmanuel Macron pressed Lebanon’s leaders to form a federal government and provide extensive-delayed reforms, promising international assist in return that would help the very small Mediterranean nation stave off an economic collapse. On Tuesday, Mr. Macron satisfied with the country’s president, Michel Aoun, and was slated to satisfy […]