Vaccines and rising stock markets do not mean end to gold's price rise

New York (Dec 15)  Recent weeks have brought encouraging news with respect to several successful COVID-19 vaccines that will hopefully herald a return to a more normal way of living... sooner rather than later.

The first of these announcements, by Pfizer on November 9, triggered a huge “risk-on” move in markets, with investors favouring more risky assets like equities, in the belief that something closer to business as usual is in sight. Given gold’s reputation as a safe haven some might be wondering how it will perform in an extended risk-on period.

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