By Rajesh Cheruvu Crisis periods drive investor sentiments to an extreme risk-off bringing safe-haven assets into focus. Gold is one of the premium stores of value, even at times, better than the reserve currency USD. CY19 saw gold rallying as the US-China trade war led to a weak global economy. This forced central banks to open the liquidity tap which acted as a big booster to gold prices. As India too witnessed an economic slowdown, gold outperformed the risk asset class of Equity in CY19. CY20 started off on a much weaker footing as Covid-19 pandemic disruption has led to …
