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Will Gold Decline As Economies Gradually Reopen?
Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market? By May 6, 2020, more than total 3.6 million of confirmed cases have been reported in the world and more than 250,000 have already died from the COVID-19. In the United States, about 1.2 million of cases have been identified so far, and more than 71,000 people have died. This is bad news. What is good is that the US epidemiological curve has flattened somewhat, which means that the growth pace of infections and ... (full story)