Alasdair Macleod On Gold And The Coronavirus Market Shock
KingWorldNews.com
March 01, 2020
On the heels of a wild week of trading, Alasdair Macleod discussed the current state of the gold market and the Coronavirus market panic.
Coronavirus Market Shock
March 1 (King World News) – Alasdair Macleod: “This was the week that markets finally took notice of the coronavirus. Bonds soared and equities crashed in a flight to perceived safety. Base metals began to slide as the reality of global factory closures took hold. Oil prices slumped.
After an initial spike on Monday to $1689, gold fell a net $15 to $1627 on the week in early European trade… Silver, presumably reflecting the weakness of base metals fell…
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