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Corona Crisis Will Have Lasting Impact on Gold Market

From sunshineprofits.com

No matter what shape the recovery is, the epidemic will likely have lasting, positive effects on the gold market. During the most acute phase of the pandemic and the following economic crisis, there was no time to analyze various WGC's reports on the gold market. Let's make up for it! I'll start with the report "Recovery paths and impact on performance" about the gold mid-year outlook 2020. The World Gold Council notes that gold had a really excellent performance in the first half of 2020, rising almost by 17 percent (see the chart below), much higher than other major asset classes. Given gold's impressive gains, ... (full story)

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  • Category: Fundamental Analysis