Covid-19, weak oil price, gold in focus


Considering the fact that gold is supposed to be a stable store of value, something that could help investors in times of uncertainty, suggests that the situation around coronavirus is not as encouraging as many people thought.

PRICE of gold surged to a seven-year high last week as investors sought a safe haven while volatility saw the S&P500 index close the week at up 20.7%.

Some of the best performing industries over the past seven days were WSJ US Gemstones Index with a 575% growth, WSJ Home Electronics-Appliances Index with a 488.8% improvement and WSJ US Luxury Goods Index increasing 240.2%.

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