Gold price remains above $ 1800 amid pandemic coronavirus

Gold prices continue to exceed $ 1,800 per troy ounce, which contributes to investor concern over the coronavirus situation. Today at 9:33 am on the New York Stock Exchange Comex precious metal was traded at a price of $ 1810.70, down 0.12% compared to the previous trading session. In the current environment, market players are actively resorting to hedging pandemic risks, the senior market Oanda analyst Jeffrey Helly, quoted by the agency Reuters. An additional incentive for this was given by the recent tightening quarantine measures in California. This state of affairs contributes to the consolidation of gold quotes above $ 1800, believes expert. Player anxiety is amplified by the increase in the number of infections coronavirus. According to Johns Hopkins University, in the USA during the week 60 thousand new cases are recorded per day. According to the World Health Organization, yesterday the number of infections in the world is close to 13 billion, amounting to 12.9 billion.