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COVID-19 continues to spread at a worrisome pace, and by March 4th more than 90,000 people in over 20 countries had already contracted the virus.
And while shares on the Hong Kong stock exchange are being traded at their worst prices since 2004, the US30 index tumbled with more than 3%, the oil market continues to shrink and airlines cancel flights, gold is actually experiencing a long-unseen renaissance.
Despite that, some financial analysts argue that the inflated gold price for the past few months would actually end up hurting the market more than helping it.
