23 May bitcoin: Is COVID-19 the biggest opportunity in crypto asset trading?
By Ashish Agarwal
The COVID19 pandemic has not only influenced how people across the world travel, work, and shop, but it has also impacted the share markets in the US, India, China, and Europe. Although rare assets are mostly considered safe in all stock exchanges, there has been some trepidation regarding the value of precious metals in the past month.
The COVID19 pandemic has not only influenced how people across the world travel, work, and shop, but it has also impacted the share markets in the US, India, China, and Europe. Although rare assets are mostly considered safe in all stock exchanges, there has been some trepidation regarding the value of precious metals in the past month.
As of May, the value of Gold in the US market peaked at $1700 and then began to slide off. On the other hand, silver and platinum prices were seeing an increase. According to several share market and investment experts, investors should sell gold and begin investing in silver in the long run.
However, there is much doubt about how long silver can keep up its bullish run with the market prices dropping fast, and the value of INR falling fast against the USD shows that there is little safety in investing one’s hard-earned money in the traditional assets.
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