A break higher for gold amid the pandemic

THE first six months of the year saw a flurry of events. A summary of notable ones include the Covid-19 pandemic which essentially put the whole world on pause; and the stock market crash on Feb 20, which saw the Dow Jones, Nasdaq composite and S&P 500 record the biggest decline since the 2008 financial crisis. In addition, oil prices fell into negative values for the first time.

This bleak outlook generated uncertainty in the ma…

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