The United States’ Real Gross Domestic Product (GDP) contracted at an annual rate of 31.4% in the second quarter, the US Bureau of Economic Analysis’ final (third) estimate showed on Wednesday. This reading came in slightly better than the previous estimate and the market expectation of -31.7%.
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Gold rallies after US labour data
Spot gold is up 1.16%, trading at $238460, and gold futures are up 1.20%, trading …