About: http://data.cimple.eu/news-article/04072cf92d45ab8f95e1cf0c568f4a80410cceb071fdf3588237a799

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rdf:type	schema:NewsArticle
schema:articleBody	Gold prices on Tuesday hit $2,000 an ounce for the first time, the latest surge in a commodity seen as a refuge during economic uncertainty. The precious metal hit the symbolically important benchmark near 1615 GMT before retreating somewhat then crossing the line again about 30 minutes later. Gold prices have risen more than 30 percent this year as the coronavirus outbreak has weakened the economy and clouded the global financial outlook. Also weighing on investors were concerns over whether the United States will pass another spending measure to support the world's largest economy as it weathers a prolonged and deadly coronavirus outbreak. Democrats and Republicans in Congress have yet to strike a deal despite days of negotiations. "The gold price is viewed as buying opportunities," Commerzbank said in an analysis. "This comes as no surprise in view of the ongoing high numbers of new COVID-19 cases, the continuing cliffhanger in US Congress over an additional economic aid package, ever more widespread negative real interest rates and highly-valued stock markets." Wall Street stocks were cautiously advancing around 1645 GMT with the Dow up 0.4 percent as traders digested reports claiming recent progress towards a deal in Washington. "There's a big desire from both parties to get some kind of stimulus passed. I think the market is expecting that," said Bob Phillips, at Spectrum Management Group. dho-jmb-cs/jme
schema:headline	Gold prices hit $2,000 an ounce for first time
schema:mentions	Interest rate Commodity George Washington History of the United States Republican Party United States Congress United States Severe acute respiratory syndrome coronavirus 2 Bob Phillips Gold as an investment Cliffhanger Precious metal Jme (musician) Commerzbank Microsoft Outlook Greenwich Mean Time
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	74 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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