Adam Perlaky
Senior Analyst, Americas
World Gold Council
Despite last week’s selloff, market shifts could bode well for gold prices
The stock market embraced the weakest one-week performance since the financial crisis last week on the back of growing concerns of the continued spread of the coronavirus across the globe. Despite the risk off-moves, gold was lower by more than 3% last week, which is historically unusual during these types of movements. There are a few potential reasons for the weakness.
Posted 3 years 8 months ago