The coronavirus pandemic means we are facing our worst ever recession.

When times are tough, investors tend to put their money into so-called “safe haven” assets such as gold.

The price of the precious metal hit a record high of $2,060 an ounce a couple of weeks ago, a 30 percent rise this year.

Wha is behind the rush? And could it affect the chances of economic recovery from the coronavirus pandemic?

Presenter: Imran Khan 

Guests:

Christian Lawrence – Senior market strategist at Rabobank

Michael Hewson – Chief market analyst at the financial firm CMC Markets

Arun Kumar – Professor of economics at the Institute of Social Sciences

Source: Al Jazeera News