Gold is trading just above $1800/oz after hitting a fresh 8-year high this week. Not much appears to stand in the way of #gold challenging the all-time high of $1921/oz set in September 2011.
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As concerns about the impact of the Coronvirus intensify, real rates have headed every lower, helping gold.
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We’ve written and tweeted about the importance of these flows this week if you want more detail.
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gold.org/goldhub
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