February 11, 2020. Gold Dips as Fed Chief Says U.S. Resilient So Far in Virus Fight

in hive-167922 •  2 months ago 

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According to this article, the gold value decreased due to a sense of increased resiliency of the US economy in the face of the coronavirus epidemic. In spite of the dip in price, the support value of $1,500 still remains intact. There is the perception that there will be no significant long term effects related to the coronavirus epidemic.

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