The Economic Times
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| 19 April, 2021, 03:53 PM IST | E-Paper
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    Covid-19 impact: Will the stock market crash lead to another gold rally? What should investors do now?

    Synopsis

    The rise of price of gold has not followed a secular trend as the current rise comes close on the heels of a meltdown in the yellow metal's price.

    India is well and truly in the midst of the second wave of the novel coronavirus pandemic. With cases of Covid-19 surging past the 2.5-lakh number almost daily, there is a lot of uncertainty once again, which unsurprisingly has made the equity market nervous and volatile. However, one asset class that shines in the face of uncertainty is gold. The price of gold has risen 6.74% to Rs 47, 169 as on April 16, 2021 from Rs 44,190 on March 31, 2021
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