Gold reaches the highest level in 7 years
Gold reached the highest level in more than 7 years on Thursday as the precious commodity touched the level of $1,620 per ounce, its highest level since February 15, 2013. Gold is showing the qualities of a safe haven asset in global economic uncertainty as investors are scared of the economic impact of growing Coronavirus. Analysts are expecting Gold to reach the level of $1700 per ounce this year.
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Gold prices dropped 6%, the worst single-day decline in seven years
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Gold shatters all previous records to reach $1943 per ounce
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Delta Airlines posts worst loss since 2008
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