<p class="MsoNormal">At the peak of the pandemic, investors had started parking their funds in gold as it is traditionally considered a safe-haven asset. When gold prices soared to a record high of $2,067.15 per ounce in early August, from as low as $1,500 an ounce in January, it led forecasters, including Bank of America (BoA), to predict that it could soon touch the $3,000-mark. </p>
