Gold price could fall back as CoVid-19 epidemic slows: Gold Fields

摘要

London—Gold, which hit a seven-year high at $1,689/oz on Monday, could see its price fall back as the spread of the COVID-19 epidemic slows down, Gold Fields Vice-President of Corporate Affairs Sven Lunsche told S&P Global Platts in an interview. “It has a short-term impact, undoubtedly, so we know when the virus figures suggest the epidemic is spiraling out of control, the gold price went up sharply. Trade wars will also have an impact in adding to the sentiment of global economic uncertainty,” Lunsche said.