Gold surged to a record high on Tuesday at $2,000 an ounce, after Democrats and the White House appeared closer to agreement on new stimulus to help the coronavirus-hit economy and a broad swath of Wall Street edged up as investors awaited more aid from Washington.
Oil prices also rose on the prospect of a new package but Treasury yields slid to their lowest since March on safe-haven demand and concerns about the ultimate cost of a stimulus bill.
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