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Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
 
Toll Free: 888-419-7136

Secure Private Ordering
We use the latest online security processing, so your order is safe & private. We DO NOT disclose any customer information to ANY third party company. Our customer privacy is our priority.

Over 30 Years Experience
Park Avenue has over 30 years experience buying and selling Rare Coin and Precious Metals. We have the knowledge and ability to provide our customers with the best products and services.

Customer Reviews

Gold has 'immunity' to coronavirus, Goldman says

Wednesday, March 4, 2020


CNBC--"As the coronavirus outbreak continues to pressure global markets, Goldman Sachs said there's one asset class that's safe: gold. 'While so much about the current environment remains unclear, there's one thing that isn't: gold, which - unlike people and our economies - is immune to the virus,' Goldman Sachs head of global commodities research Jeff Currie said in a note to clients....Gold rallied more than 2% during early trading Monday....It's the 'currency of last resort and avoids the concern that paper currencies could be a medium of transfer for the virus.' 'Gold has outperformed other safe haven assets like the Japanese Yen or Swiss Franc, a trend we see continuing as long as uncertainty around the full impact of COVID-19 remains, he added."

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