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Bloomberg/Ranjeetha Pakiam/2-10-2020
“Gold is trading near the highest since 2013 as investors assess the impact of the disease on global growth and appetite for risk, although concerns over weaker physical demand for bullion in China are capping gains.”
USAGOLD note: A solid update on gold’s safe-haven attraction under current circumstances. The WHO’s warning about the coronavirus situation now being only the tip of the iceberg is likely to have a strong impact on financial markets over the next few days.
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