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Stock impact report

Investors Flock to Safe Haven Assets as Markets Reel

Alamos Gold Inc. Class A Common Shares (AGI) 
Last alamos gold inc. class a common shares earnings: 4/29 05:00 pm Check Earnings Report
Company Research Source: PR Newswire
NEW YORK, April 6, 2020 /PRNewswire/ -- Gold futures traded higher on Friday after a report on U.S. employment in March specified that the harm to the economy from pandemic related shutdowns is already having an immense impact on the labor market. As of now, the estimates are that around 10 million people were put out of work in the past few weeks alone, as personal and business activity has come to a stop in an effort to prevent the spread of the outbreak that has infected more than one million people around the world. Michael Kosares, Founder of USAGOLD, explained to MarketWatch that investors are moving from worry over the damage the outbreak might cause to the reality reflected in the numbers. Investors are taking refuge in cash and gold – which is generally considered to be a safe haven asset and is more stable under crisis. Blue Lagoon Resources Inc. (OTC: BLAGF) (CSE: BLLG), Alamos Gold Inc. (NYSE: AGI), NovaGold Resources Inc. (NYSE: NG), Eldorado Gold Corporation (NYSE: EGO), Show less Read more
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