Demand for the commodity has also helped silver more than double in value. FMTNews Gold
HONG KONG: Gold prices rocketed to a record high on Monday with spooked investors rushed into the safe haven as the coronavirus spreads across the globe, while the weaker dollar also provided strong support.
With the disease showing no sign of letting up, traders have been flocking to gold, which is seen as a safe bet in times of crisis and uncertainty.
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