Press
Demand for alternative investment jumps
Proactive Investors - July 6, 2020
The demand for alternative investments including valuable coinage, whisky and even LEGO sets soars amidst global market volatility brought on by the COVID-19 pandemic.
The coronavirus pandemic and its ensuing lockdown have caused nearly unprecedented volatility in global markets, and as a result, investors have been searching for more secure places to park their cash until the worst subsides.
This rush for secure assets has led to increased demand for traditional havens such as gold, which has seen its value rise strongly during the pandemic and is currently trading at around an eight-year high of nearly US$1,780 an ounce as of July 6.
However, according to a report from online broker eToro, other investors are also considering investments even further removed from the mainstream markets including rare coins, whisky and even LEGO sets.
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