GOLD may be the BIG WINNER in oil price war ...United Arab Emirates

Gold – regarded as the traditional safe haven – could be “one of the beneficiaries” of the global stock market panic caused by the Russian-Saudi standoff over oil and the coronavirus outbreak. That’s according to Research Director at NXTanalytic Alessandro Bruno, who told RT that “Russia could probably sustain the crisis for longer than Saudi Arabia.” He explained that this is due to Moscow’s financial policies of the past few years and, in particular, Russia’s accumulation of gold. “Let’s not forget, Russia and China have been accumulating a lot of gold,” Bruno said, adding that “One of the beneficiaries of this crisis will probably b

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GOLD may be the BIG WINNER in oil price war ...United Arab Emirates

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