While the COVID-19 pandemic continues to shake up our individual routines, it is also shaping markets on a larger scale. The gold market’s system of checks and balances has been upended due to travel restrictions caused by the virus, redrawing the map of the international gold market.
Market dysfunction has reversed the typical flow of gold from the West to the East. This is important news, as many investors will need to rethink their investing strategy. Here’s a look at the new map of the international gold market with explanations of the changes.
