JAMIE CARR: Coronavirus boosts bullion, leaving Harmony Gold smiling
Harmony’s trading update reveals that it is already reaping the benefits of a 19% rise in the gold price in rands or 15% in US dollars in the year
13 February 2020 - 05:00
The big question causing the world’s market leaders to scratch their heads at present is the coronavirus, whether it has the potential to become a global pandemic and what the impact on the economy is likely to be.
It’s got a long way to go before it gets onto the podium of historically significant epidemics such as the Plague of Justinian, which wiped out half the population of Europe; the Black Death, which accounted for a third of the population of Europe and the Middle East; or the Spanish Flu, which killed 50-million people at the end of World War 1...
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