RE:The media Gold has been on the rise since October 2019, so pre COVID.
If it was a desirable asset then, (IMO) nothing has changed... It is even more desirable now!
Trillions of $ printing, possible inflation and strained economies are just three of a myriad of catalysts to support golds rise.
This current price action in gold is to create concern and doubt. Nothing more.
A perfect Cup and Handle is forming. Once the handle reaches the mid to low 1700s i will buy.
Having said that, gold could easily bounce off todays level. IMHO