Gold investments: Gold is historically viewed as a hedge against inflation but is it right to invest in the yellow metal now when Omicron is looking to grapple the country. Experts answer this
Gold prices recovered from their lows in last two days and surged slightly. With this, speculation must be high if yellow metal should re-emerge as investors’ haven in the wake of Omicron virus concern.
We spoke to a few experts to get an answer to this.
According to Arshad Fahoum, Chief Product Officer at Market Pulse, the Omicron variant is in its early stages and its impact on markets can’t be deduced until further research findings are available.