Gold hit a new high from 2011 due to a weak dollar and stimulus

Gold prices climbed Tuesday, boosted by a falling dollar and expectations of further stimulus measures to revive economies impacted by the pandemic. It rose 1.5% to $1,842.52 an ounce, its most significant daily rise since early May. Gold futures in the United States, meanwhile, also closed with an increase of 1.5% to US$ 1,843.9 per ounce. Silver surpassed the threshold of $20, in cash climbed 6.4% to $21.18 an ounce.

Conflict with Edesur could add billions of dollars to the already $8.75bn in pending lawsuits

The conflict between mayors of the ruling party PJ that threatens the company's concession could ended in another multimillion dollar lawsuit that could cost Argentina $16.5 billion.Reality shows that Argentina always pays. Despite its bad reputation as a payer, it has already paid out billions for expropriations, change of contracts into local currency, and debt in default in international courts, and has at least $8.75 billion in lawsuits pending.