financial

Gold, Bitcoin Price Drops as Investors Flee to Dollars to Cover Coronavirus Losses

Prices of precious metals plunged this week again, as investors fled reserve stores in favor of cash in the wake of extreme market volatility due to panic selling over fears and uncertainty due to the coronavirus epidemic.
Gold fell below $1,455 an ounce on this morning, down from a high $1,560 over the weekend. Today’s loss was the biggest single day price drop since 1983.