- The SARS-like epidemic called Coronavirus is spreading fast in Asia.
- The first case of the virus was confirmed in the U.S. on Tuesday.
- This piles up on top of an already long list of worries that are set to negatively affect global markets, shooting gold price higher.
The Wuhan Coronavirus has so far claimed nine lives in China and up to 749 people are said to have been infected. But these are mere figures reported by the Chinese government, which is known to manipulate statistics when they report about such epidemics like they did with SARS . This outbreak, coupled with the several other risks that lie ahead, can cause gold price to soar in .
China delayed the reporting of the SARS outbreak to the World Health Organization (WHO) in . By the time they reported the illness, it had already claimed (lives and infected 8, 749 people in countries. China even
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