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Learning & News => News related to Crypto => Topic started by: newshunter on March 02, 2020, 01:01:04 PM

Title: ‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies
Post by: newshunter on March 02, 2020, 01:01:04 PM

‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies

Gold follows Bitcoin and traditional markets in plummeting fast at the hands of ongoing coronavirus panic

Source: ‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies (https://cointelegraph.com/news/you-ok-boomer-gold-sees-biggest-loss-since-2013-as-bitcoin-steadies)

Would appreciate your opinion about this

Title: Re: ‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies
Post by: Alcor on March 02, 2020, 05:53:37 PM

It's a little strange to see how gold has fallen in price by seven percent over the past few days. How could an outbreak of coronavirus affect the price of gold? Bitcoin moving up or down is a common occurrence for it. But the drop in the price of gold puzzled me a little.