Monday 17 August 2020

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