It has been learnt that Turkey has emerged as the world’s largest buyer of gold these days. International investors mostly invest in gold during crisis times to avoid deflation in their respective currencies. The much-awaited announcement for the successful Covid-19 vaccine has started to end the global health crisis. Accordingly, the expected development would once again invite demand for the safe-haven of gold from investors, he predicted. Besides, Pfizer may go into commercial production of the vaccine by sometime around December and soon roll out the vaccine into the markets.

Source: The Express Tribune November 11, 2020 03:22 UTC