Commodities Corner: There’s a simple reason why gold is falling along with coronavirus-afflicted global stocks

Commodities Corner: There’s a simple reason why gold is falling along with coronavirus-afflicted global stocks

Gold prices have been acting a bit strange lately, with the haven metal plunging in the face of a dive in global stock markets hit by the spread of COVID-19 and its impact on the economy in China and around the world.

The precious metal usually finds support as a drop in the stock market tends to lift the haven appeal of gold, with benchmark stock indexes in the U.S., Europe, Asia, Canada, the…

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