Gold's safe haven status threatened by covid-19: Cerulli

clock • 2 min read

Gold and other precious metal funds have not responded in typical safe-haven fashion since the start of the covid-19 crisis, according to research published in the latest issue of The Cerulli Edge—European Monthly Product Trends. Historically, precious metals have appealed to investors seeking to diversify from asset classes with high correlations. These commodities have also served as a store of currency. However, research from Cerulli Associates finds that although the price of gold soared in 2019 on the back of geopolitical risks, the coronavirus crisis has been less favorable for pre...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.