LONDON -- Gold, prized by investors in times of crisis as a safe haven, is experiencing surging demand in the face of the coronavirus outbreak -- from both commodity traders and retail buyers.
Over the last 3 weeks, as the new coronavirus strain spread across the globe, Gold Avenue experienced more sales than during the entire final quarter of last year. And if they do want to take physical delivery of the glamorous precious metal, then customers face the prospect of a long wait. Experts argue there is no shortage of gold at the moment, apart from for newly-minted coins -- but the situation is becoming more complex.
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