Now is the time to buy if you’re planning to invest in the near future with gold prices trading slightly lower this week – however, risk aversion is starting to climb, meaning we can expect those prices to also spike. Buy now to get in before that happens.

As of trading yesterday (Tuesday), gold prices were down $2.70 an ounce but there are signs that appetite for risk is about to curtail as events on the world stage impact on market confidence. The economies of Asia are waiting to see if they’ll be impacted by the quickly spreading coronavirus – hundreds of people have been affected so far, there are five confirmed deaths and China has warned the virus is mutating as it reaches other countries including the USA. The impeachment trial against President Trump has also gotten underway, which could heavily impact the stock market and send gold prices soaring.

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