Gold Up Over Prospective U.S. and EU Stimulus Measures
Gold was up on Tuesday morning in Asia, boosted by the prospect of more stimulus packages from both the U.S. and Europe.
Debate over a further round of economic stimulus measures is currently underway in the U.S. Congress, with some earlier measures expiring at the end of July. Across the pond, European Union ministers finally reached agreement on a EUR750 billion ($857.979 billion) stimulus plan earlier in the day at the EU Summit.
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