Even after a retreat this week, gold was up 4 per cent year to date on Wednesday. Photo: Winson Wong

Gold, only safe haven in town amid coronavirus outbreak, expected hit record high this year

  • Gold prices have remained elevated in the post-Lunar New Year period, which is new, Standard Chartered says
  • Precious metal might even rise to more than US$1,800.2 per ounce, getting closer to historic high of US$1,889.70, Hong Kong brokerage says
Topic |   Coronavirus pandemic
Even after a retreat this week, gold was up 4 per cent year to date on Wednesday. Photo: Winson Wong
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