Gold hoarding investors avert coronavirus demand collapse- WGC

Massive stockpiling of gold by
investors spooked by the coronavirus outbreak offset a collapse
in jewellery production to keep global demand for the metal
stable in the first three tumultuous months of 2020, the World
Gold Council said on Thursday.
The coronavirus has upended the gold trade, with lockdowns
shuttering the two biggest markets, China and India, and
disrupting supply routes.
It has also roiled financial markets, triggeri