Just a few minutes after the announcement that Donald Trump and his wife tested positive to coronavirus, gold has spiked up by over $20. This happened while S&P and Down Jones futures lost more than 1% and the Dollar started to weaken again.
Bullion is now testing again the resistance level of $1,920, while investors are trying to understand the effects of this news and how the US election campaign will be impacted. While it is too early to judge the full ramifications, gold is again confirming its strength as investors attention on the precious metal remains significant.
