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