Gold Price Rises After Lower House US Agreement With Higher Corona Check

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The gold price was on the rise on Tuesday after the US lower house approved President Donald Trump’s demand to increase the value of the support check for Americans from the corona support package from $ 600 to $ 2,000.

The Democrat-dominated House of Representatives voted 275 to 134 in favour of the proposal.

The Senate must also vote on the plan. But there the Republicans are in the majority, and it is still unclear whether there is sufficient support.

The approval of the House of Representatives put the dollar under some pressure. The higher support check pushes the bill for “household expenditure” in the United States by $ 464 billion.

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