Gold is once again proving its reputation as the traditional safe haven during times of uncertainty. The price of the precious metal has been rising amid continuing worries over the spread of the coronavirus.

Bullion has gained $20 an ounce to reach a 7-year high of $1,585 this week, before easing to around $1,578 per ounce on Tuesday. It has led the rally of other metals, including silver and platinum.



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