PRESS ROOM
Haven demand for gold helping lift prices
Thursday 09th April '20
Financial markets volatility and economic uncertainty have historically supported gold prices. Investors typically turn to the precious metal when systemic risks are high as they did following the 2008 financial crisis when a strong shock to financial market volatility, and the ensuing recession, were followed by a bull market for gold. With the coronavirus pandemic creating unprecedented economic uncertainty and having caused a volatility shock last month similar in magnitude to 2008, investor interest is supporting gold prices.
Please read our latest blog on this subject here.