GRAPHIC-Gold miners and funds shine, boosted by coronavirus safe-haven bid
Shares of gold miners and funds dealing
in the precious metal have rallied in recent weeks as the
coronavirus crisis rocked global markets and investors raced to
buy safe-haven assets.
Spot gold has climbed more than 10% this year, the
most among major assets tracked by Reuters and significantly
above gains in U.S. Treasury bonds and the dollar, while
equities and industrial commodities have borne the brunt of the
sell-off, with the MSCI World stocks index and
copper prices
in the precious metal have rallied in recent weeks as the
coronavirus crisis rocked global markets and investors raced to
buy safe-haven assets.
Spot gold has climbed more than 10% this year, the
most among major assets tracked by Reuters and significantly
above gains in U.S. Treasury bonds and the dollar, while
equities and industrial commodities have borne the brunt of the
sell-off, with the MSCI World stocks index and
copper prices
Posted by Reuters
