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BT EXCLUSIVE: GOLD IN FOCUS

Gold's appeal rises as coronavirus hedge

Recent gains driven in part by 7-fold rise in purchases of gold-backed ETFs in Q1; central bank stimulus and inflation seen driving rally

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Gold is expected to rise to US$2,000 per ounce in the next few months, with more bullish forecasts putting the figure at US$3,000/oz, as the appeal of the yellow metal increases as a coronavirus hedge amid more economic uncertainty.

Singapore

GOLD is expected to rise to US$2,000 per ounce in the next few months, with more bullish forecasts putting the figure at US$3,000/oz, as the appeal of the yellow metal increases as a coronavirus hedge amid more economic uncertainty.

Gold prices have seen a resurgence...

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