It came almost out of nowhere, a black swan event that engulfed the world. As everyone from citizens to governments scrambled to deal with COVID-19, the gold industry was impacted in unprecedented ways as well.
Weekly Precious Metals Update – April 11th
This past week was very positive for the precious metals. Not only were prices for both gold and silver up significantly, our industry has also had the chance to catch its collective breath following ‘March Madness’.
Resumen de la Semana en Metales Preciosos – Abril 11 de 2020
Esta fue una semana corta de negocios en la bolsa por el cierre de mercados el viernes, en observación de las celebraciones de Viernes Santo y Pascua judía. La volatilidad del mercado se mantiene a niveles extremos.
The Precious Metals Week in Review – April 10th, 2020
It was a shortened trading week due to markets being closed on Friday in observance of Easter and Passover.
Market volatility remains at extreme levels, with markets shifting and swinging on every headline that relates to the ongoing pandemic.
Silver Shock Update: A New and Major Threat to Supply
As many of our readers know, silver supply from mining operations has been in decline.
That decline has just sped up. In a big way.
Weekly Precious Metals Update – April 3rd 2020
This week was a continuation of the ‘new normal’, which is anything but normal. COVID continues to complicate our work and personal lives, including the precious metals supply chain.
Resumen de la Semana en Metales Preciosos – Abril 4 de 2020
La continua propagación de COVID-19 sigue siendo el factor que más afecta la volatilidad en todos los mercados. Las medidas de contención de emergencia, promulgadas en todo el mundo para intentar detener el brote, se han hecho más severas en la mayoría de países, lo que ha acentuando el declive económico que comenzó hace semanas.
The Precious Metals Week in Review – April 3rd, 2020
The continued spread of COVID-19 remains the predominant factor affecting volatility in all markets. The emergency containment measures enacted worldwide to attempt to halt the outbreak have now been expanded in most countries, deepening the economic decline that began weeks ago.
Weekly Precious Metals Update
Written by Mark Yaxley, General Manager, Strategic Wealth Preservation. These have become regular weekly updates, which we will continue delivering to you until the precious metal market begins to settle back into normality. Please enjoy these nuggets of information until then. Price Action Gold closed last week at $1484/oz. A week later, the yellow metal…
Resumen de la Semana en Metales Preciosos – Marzo 27 de 2020
La volatilidad del mercado se mantiene a niveles extremos mientras los científicos se esfuerzan por encontrar protocolos de tratamiento y vacunas contra la COVID-19, cuya propagación ha hecho que la economía, conectada a nivel mundial, se detenga repentinamente.