Commodities Why people consider gold to be a ‘safe haven’ in crises like the coronavirus Updated : April 21, 2020 06:48 AM IST Investors’ fear levels are particularly high right now, as the coronavirus pandemic turned a global health crisis into an economic one As the world’s earliest form of currency, gold’s physical properties have meant it has long been considered a reliable store of value. The price of gold, which is normally in dollars, moves in the opposite direction to the greenback. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.