In the world of Precious Metals investment, the Coke and Pepsi are American Eagles and Canadian Maple Leafs.
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 – May 1st, 2020
Although gold and silver both experienced a bit of a dip this week, retail demand for physical products remained strong.
Weekly Precious Metals Update – April 20th
Last week saw the market lose yet another major producer to the COVID virus. The United States Mint, North America’s largest producer of gold and silver bullion products, announced the closure of its West Point, New York facility on Wednesday, due to concerns for their workers’ safety.