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Gold rises on pandemic fears; palladium scales new peak
Author: merimanna32282
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Gold rises on pandemic fears; palladium scales new peak
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Political Uncertainty Trumps Financial Markets
Reemerging US political uncertainty was responsible for the selloff in the global financial markets. It was reported that US President Donald Trump might have asked former FBI direct James Comey to drop his investigation into former National Security Adviser Michael Flynn. Despite the President’s denial, investors were concerned that growing congressional crisis would delay the pro-growth economic policy, especially the plan to cut tax and expand infrastructural spending.