UAW Secures Landmark Volkswagen Contract as Gold Investors Brace for New Breakout
Stock Market News·2026-02-20 02:08
Key TakeawaysVolkswagen workers ratified their first-ever union contract with a 96% majority, securing a 20% across-the-board wage increase and an immediate $6,550 ratification bonus.The agreement marks a historic victory for the United Auto Workers (UAW) in the U.S. South, a region that has traditionally been resistant to organized labor.Gold prices are experiencing extreme volatility after hitting record highs above $5,000 per ounce in January, with investors now positioning for a potential new breakout.A ...