Stocks have been on a run since March’s lows. But gold, the investor’s last resort, is hitting a record high. So what gives? Today, we’ll look at what a surge in the precious metal means for confidence in this economy. Later, we look at China’s live-streaming marketplace and reopened box office. Plus: How do you enforce a mask mandate?
A gold rush means nothing good for this economy
ISTANBUL, TURKEY - JULY 09: A woman wearing a face mask browses gold jewelry in a gold store in Istanbul’s famous Grand Bazaar on July 09, 2020 in Istanbul, Turkey. Turkey continues to ease restrictions after recently reopening, cafes, restaurants, parks, inter-city travel and selected businesses, giving retailers, shopping malls and tourist operators hope that the economy will be reactivated. After easing restrictions, Turkey’s consumer confidence index edged up to 62.6 points in June from 59.5 the previous month. As of July 09, Turkey has reported 5,300 coronavirus-related deaths and 209,962 confirmed cases. (Photo by Burak Kara/Getty Images)
Burak Kara/Getty Images