Undiminished shine: Gold bullion bars are pictured at the ABC Refinery in Sydney. Its prices are surging in a commodity seen as a refuge amid economic uncertainty. — AFP
HONG KONG: Gold and United States stocks could part ways during a fresh round of market turbulence, ending a three-month period in which their returns were almost yoked.
Renewed deterioration of the global economy and more lockdowns to prevent Covid-19 from spreading should hit equities but leave gold standing, according to Societe Generale.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
