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Gold prices spike to highest level in nearly 8 years on coronavirus fears | CNN Business

Gold prices spike to highest level in nearly 8 years on coronavirus fears | CNN Business

Gold is normally a safe bet. However, COVID-19 has affected everything including supply and demand, and the surge of cases has caused a domino effect that has affected stocks and trades. Economist are becoming concerned about how countries will recover from COVID-19 not just physically but financially as well. Europe has recently discussed re opening but not welcoming visitors from countries with high risk such as the United States.

Source: https://www.cnn.com/2020/06/24/investing/premarket-stocks-trading/index.html

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