An employee displays gold bars at a Korea Gold Exchange shop in Seoul Indeed, the global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 55 million on Tuesday, according to data aggregated by Johns Hopkins University , while the death toll rose above 1.3 million. In the past week, the U.S. has averaged 155,442 cases a day, up 82% from the average two weeks ago and cases are rising in 50 states and territories. There are currently a record of 73,014 COVID-19 patients in U.S. hospitals, according to the COVID Tracking Project, topping the previous record of 69,993 set a day ago.
The spread of the virus has limited the downside move for gold, even as a report on Monday confirmed success toward a vaccine to combat the deadly pathogen.
The latest news on Monday from Moderna indicated that its two-shot vaccine candidate so far in late-stage […]
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