RE: Gold touches $1,680!!24 Feb 2020 08:53
Reuter news
Shares drop, gold surges as investors scurry for safety
By Swati Pandey
SYDNEY (Reuters) - Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East.
The large spike in Italian cases has especially rattled investors on concerns about the potential for the virus to spread deeper into Europe and cause economic disruption there