Investing.com investing.com 02 Jan, 2021 00:00 am

Gold Building Momentum – The Broader Value Of Precious Metals

Gold Building Momentum – The Broader Value Of Precious Metals
Read Gold Building Momentum – The Broader Value Of Precious Metals by Commodity Trade Mantra on Investing.com India

As COVID-19 spread across the globe last spring, investors rushed to precious metals as a financial safe haven.surged more than 50% over the same period, reflecting the common correlation among precious metals during times of financial uncertainty or volatility.Providing financial protection is not the only role that precious metals are playing in the fight against COVID-19.The fight against COVID-19 highlights a trend: growing demand for precious metals in healthcare.

Precious metals, because of their unique physical attributes, are expected to play a role in this shift.Since precious metals are inert, they react with other chemicals in few naturally occurring environments.

Read full story at investing.com