Gold News Gold goes higher because more stimulus must come – Hug

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Gold Information Gold goes greater as a result of extra stimulus should come – Hug

The stimulus will occur irrespective of who wins and that’s good for metals and gold, stated Peter Hug, Kitco’s head of the valuable steel division.

Hug spoke to Kitco Information Thursday as Republican and Democrat management continued negotiating a COVID-19 stimulus bundle in extra of $2 trillion.

Some Republican senators are holding out, however Hug stated a deal will occur as a result of there may be an excessive amount of stress from companies and the states.
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