Investors have been buying gold and silver, usually seen as a store of value if stock prices decline. Forecasters see that as an indicator of rising unease about the global economic outlook. Global markets have recovered most of this year's losses as investors look ahead to the possible development of a coronavirus vaccine. The number of people filing for unemployment is rising after a resurgence of infections pushed some states to reimpose controls on business. For now, investors are relying on the Federal Reserve, which said last week it would keep interest rates near zero.

Source: International New York Times August 05, 2020 05:15 UTC