Gold extends gains after Trump tests positive for COVID-19 (Reuters)

https://www.reuters.com/article/idUSL4N2GT0B9

Bullion has gained 2.9% so far in the week, heading for its
biggest weekly percentage rise since the week ended Aug. 7.

    "The Trump COVID-19 diagnosis has caused an immediate spike
in gold prices as investors rush to (safe-) haven positioning,"
said Jeffrey Halley, a senior market analyst at OANDA.

    "We expect risk-aversion will remain elevated... Depending
on how this situation evolves over the weekend, notably if more
members of the U.S. government's senior leadership are diagnosed
positive, gold could be set for an extended rally."