Corona takes gold prices to near an 8-year high

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Published: July 2, 2020 3:05 AM

With investors favouring precious metals over other asset classes, the price for 10 grams gold on MCX hit fresh record highs on Wednesday.

Gold prices have soared nearly 25% since January, propelled by increased haven demand due to Covid-19 outbreak and slowing economy.Gold prices have soared nearly 25% since January, propelled by increased haven demand due to Covid-19 outbreak and slowing economy.

With investors favouring precious metals over other asset classes, the price for 10 grams gold on MCX hit fresh record highs on Wednesday.

Gold prices have soared nearly 25% since January, propelled by increased haven demand due to Covid-19 outbreak and slowing economy.

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