The Coronavirus plays only a catalytic role in the erosion of global stock markets. QE and stock bubbles are the reason why gold remains a safe haven.

Now with updates as per 24 March 2020!
The fear for recession and of coronavirus caused a global run on physical gold. We are still delivering primary gold without exaggerated premiums.

The global Coronavirus crises created global financial damage, and the damage seems to grow. Gold may be a good way for protection.

Gold Demand fell 1% in 2019 with Q4 showing weak consumer buying, while Central Banks continue to be big buyers of gold during the year.

Gold has been on an upswing in recent months, and it looks like 2020 could be a positive year for the price action of the yellow metal.