El Salvador president proposes bill to overturn metals mining ban
In 2017, El Salvador became the first country in the world to ban forms of metals mining.
Gold prices hit a record $1,578.50 an ounce on Wednesday as concerns over the euro zone debt crisis deepened, and after minutes to the Federal Reserve’s June meeting suggested some members were pondering the possible need for additional easing.
Spot gold was bid at $1,572.99 an ounce at 1:03 p.m.
