Metals logged big losses today as markets were concerned about the impact the coronavirus pandemic and measures to contain it had on the global economy. Even gold was unable to profit from its safe haven status, falling more than 1%.
US macroeconomic reports were extremely poor today, with retail sales demonstrating the sharpest monthly decline on the record. Other reports were bad as well.
The International Monetary Fund...
Gold & Other Metals Sink amid Recession Fears
US macroeconomic reports were extremely poor today, with retail sales demonstrating the sharpest monthly decline on the record. Other reports were bad as well.
The International Monetary Fund...
Gold & Other Metals Sink amid Recession Fears
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