CGS-CIMB also noted that the impact of the pandemic was expected to be deflationary - and this has historically worked against the price of gold.
PETALING JAYA: Unless Covid-19 is contained very soon, the lockdowns and partial lockdowns are likely to damage the current as well as future demand for gold.
CGS-CIMB also noted that the impact of the pandemic was expected to be deflationary - and this has historically worked against the price of gold.
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