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World

Gold up on economic fallout from COVID-19

CHICAGO, Aug. 3 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as economic fallout from the COVID-19 outbreak continued.

Investment

Investors rethink ‘60/40’ as low bond yields test portfolios

NEW YORK: The staple US portfolio of 60% equities and 40% fixed income proved resilient this year, but strategists are now considering alternatives to government debt after some bond yields reached historic lows.