Gold Edges Higher as Traders Weigh Record Covid-19 Infections
New York (Dec 28) Gold edged higher as investors assessed the resilience of the global economic recovery, with Covid-19 cases hitting a pandemic record.
More than 1.44 million infections worldwide on Monday
smashed the previous high after factoring out a statistical blip in Turkey last year. While the highly-transmissible omicron is spreading rapidly around the world, studies suggest that illness caused by the new strain isn’t as severe as in previous waves.
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