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AAAU - The Ecstasy Of Gold Continues As Concerns Over Coronavirus Continue To Mount
Goldman Sachs Physical Gold ETF
The gold market has been heating up as the uncertainty over COVID-19 has been mounting. The price of gold was rising for most of 2019, even before the recent Coronavirus outbreak. The 2019 run-up in gold was different compared with previous bull markets, as it coincided with a stock market rally (at least during 2019). As the Federal Reserve mostly induced last year’s gold price rally, this year the Fed could keep pushing the demand for precious metals by providing more stimulus to counter the adverse economic effect of the coronavirus.