Gold prices sees little reaction after U.S. Q1 GDP falls 4.8%

Posted by Neils Christensen, Kitco News

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Despite some optimism at the start of the year, the U.S. economy saw weaker than expected economic activity in the first quarter of 2020 as the global economy was turned upside down to the COVID-19 Pandemic
Wednesday the first reading of U.S. Gross Domestic Product showed that the U.S. economic growth fell 4.8% in the first quarter. The data were weaker than…click for full article.