Gold price rose for the second straight Wednesday as investors weigh the economic impact of the covid-19 outbreak and its effect on commodities. Spot gold rose 0.5% to $1,710.58 an ounce by 1 p.m. EST. Gold futures were up 1.0% to $1,716.00 per ounce on the Comex in New York. Historically, the price of gold has surged during times of crisis, a sentiment that has been echoed by commodity analysts. Jeff Currie, global head of commodities research at Goldman Sachs, is still bullish on gold as there remains a high level of uncertainty over how the pandemic will ultimately affect the economy. In an interview with ... (full story)