How the coronavirus is impacting gold prices and demand

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World Gold Council Managing Director USA Joe Cavatoni joins On The Move to discuss how investors are looking at gold amid the coronavirus.
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28 COMMENTS

  1. I'm starting to see Gold as a TRAP

    I'd like to get rich before I'm 80 and it seems to be all these gold bugs never see a bulk market until they lose their hair on their heads. I'm betting on bitcoin

  2. W hv to look on d possibility that US govt might selling off gold reserve in order to sustain expenses and also to aid covid.. Plus it is a good price to sell currently……. There is also possibility if US sell off gold reserve.. Price will drop.. N China on d other hand wud b happy to purchase n stock up their gold..

  3. you just know there's going to be a huge spike in demand once the lockdowns stop, the thing is the supply is going to be low then and therefore the price will spike at worst at least up until the point where the supply catches up, the only question is for how long nd at what point will it reach peak, we're so close to breaking that all time high from the last recession my dick is dripping already

  4. Abandon all hope ye who look to gold. When the dollar implodes they will roll out TCUYA*. Everything you buy, sell, pay or earn will be tracked and controlled. Gold, silver, guns, dope – priceless. For everything else, there's TCUYA*(™).

    *TCUYA – The Chip Up Your Ass

  5. UNTIL THE Government makes us turn our Gold in for penny's on the dollar .. like they did last Depression !!! THE GOLDEN RULE=The one who has all of the Gold makes all of the rules

  6. Stay out of equities at the moment. The risk is horrendous with current market conditions. Gold has not fallen. Gold will remain very strong in the current climate and is reaching new highs….$2000 will be achieved within weeks I believe. Many dealers want the equities market to continue to perform……this just isn't going to happen. 50%+ into gold makes sense at the moment.

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