Gold rises to the highest since January 8

Author: Adam Button | Category: News

Back to pre-Iran attack levels

Gold is catching a safe-haven bid in a quick rally to $1574 from $1559 at the start of US trading.

The market is divided at the moment. There is a big cohort of people who continue to buy dips in stocks while a second cohort is bidding up safe assets as a hedge or a trade.

I see it as a battle between coronavirus alarmists and optimists. My guess is that it gets worse before it gets better.
Back to pre-Iran attack levels

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