Gold jumps over 2% as coronavirus spread spurs safe-haven demand
Gold jumps over 2% as coronavirus spread spurs safe-haven demand 3U.S. gold futures rose 1% to 1,665. “The thinking is that fewer people are holding shares, selling down in particular, and that money has to fall into havens,” said Michael McCarthy, chief market strategist at CMC Market.
News story posted on 2020-02-24T05:44:00.0000000Z