The positive momentum for precious metals continues, as the effects of COVID-19 linger and an overall risky marketplace continues to push investors towards safe havens.
Weekly Precious Metals Update – May 22nd, 2020
The gold price is up another 2% since my last update on May 1st, trading today at $1736/oz USD. Analysts are making bullish predictions for the price almost daily and the ETF inflows have been net positive for the last 20 trading sessions.
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…