Covid-19 and Gold Glimmer of Hope For Investor
Oleh : Kelvin Narada G. and Feby Yolanda dari Kelompok Studi Ekonomi dan Pasar Modal (KSEP) ITB
30 Apr 2020

COVID-19, a virus that infected the human respiratory, has spread globally. There were 1.414 COVID-19 cases in Indonesia in March, which cause the increasing of face masks price, panic buying at supermarkets, and also some temporary shut down for school, campus, and office. Chaos did happen in the stock market, IHSG and LQ45 have decreased more than 25% from January 2020. In the middle of this panic situation, some people begin to think about taking other investment instrument choices with lower risk. In this KSEP Highlight, Kelvin Narada G. and Feby Yolanda will discuss how COVID-19 will affect the gold price and whether gold is a save haven for investment.