What’s driving the gold rush on financial markets? | Inside Story


The coronavirus pandemic means we are facing our worst ever recession.
When times are tough, investors tend to put their money into so-called ‘safe haven’ assets such as gold.
The gold price hit a record high of $2,060 an ounce a couple of weeks ago, a 30 percent rise this year.
Could the rush affect the chances of economic recovery from the coronavirus pandemic?

Presenter: Imran Khan

Guests:

Christian Lawrence – Senior Market Strategist at Rabobank

Michael Hewson – Chief Market Analyst at the financial firm CMC Markets

Arun Kumar – Professor of economics at the Institute of Social Sciences

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