As investors seek safe haven assets during this crisis, analysts are getting more bullish on gold, projecting its price to surge. RT talked to Claudio Grass, a Switzerland-based precious metals adviser, about gold’s true value. According to Grass, the question is not if gold is going higher, “it’s always the paper price of currency that is fluctuating its prices.” He said: “An ounce of gold is always an ounce of gold. So, basically, gold is not going higher in price.” And, if you really want to buy physical gold then you’ll have to pay much more than the paper price, the analyst added. Grass pointed out that physical gold and the paper
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