Sensex down 800 pts, Gold price hits life-time high at Rs 43,000
Fear of further disruption in economic activity owing to the jump in coronavirus related deaths drove the prices of safe haven assets like Gold to a record high and pushed the oil prices and global equities lower on Monday; Sensex lost nearly 800 points during the afternoon trade
Gold price's record breaking run continued on Monday as investors sought more and more safe haven assets over increased uncertainty due to soaring Coronavirus cases. Source: Reuters