This “safe haven” like gold appeals to many investors

Investors began to invest in assets such as gold instead to seek more risky investments, like shares.

World gold prices Monday climbed to their highest level in more than six years on fears of the spread of the novel coronavirus outside of China. It is reported by MarketWatch on January 27.

It is noted that because of the situation in China, many investors began to invest in assets such as gold instead to seek more risky investments, like shares.

During trading on Monday, the quotes of contracts for gold delivery in February rose 0.7%. In the end, one ounce of precious metal was worth $1582.

Also rose and the silver March delivery to $18,2 per ounce.

Earlier it was reported that oil prices fell below $ 60 due to “Chinese” of coronavirus. Reduced prices for the week has already exceeded five dollars.

According to recent reports, China killed more than 80 people from pneumonia caused by a new type of coronavirus. He diagnosed 2794 people. Also in the evening it became known about the first death from the virus in Beijing.

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