Rolling recession

Gold During the COVID-19 Outbreak: As Recession Approaches, Gold becomes a Critical Financial Instrument - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 19, 2020

The "Gold During the COVID-19 Outbreak: As Recession Approaches, Gold becomes a Critical Financial Instrument" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Gold During the COVID-19 Outbreak: As Recession Approaches, Gold becomes a Critical Financial Instrument" report has been added to ResearchAndMarkets.com's offering.
  • During times of uncertainty and economic recessions, consumers, investors, and businesses seek the protection of gold.
  • Gold can be a safe haven for individual consumers, investors, and big financial institutions in cases of recessions and financial crises.
  • However, the independent variables had different coefficients meaning that each will have a different effect on the price of gold.