COVID-19 continues to be the major headwind affecting all markets. Volatility remains extreme as news headlines regarding “flattening the curve” and potential treatments in the works for mitigating the effects of the virus shift markets up, only to be sent lower again when officials and medical professionals take to the airwaves and walk back previous comments.
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.
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.
The Precious Metals Week in Review – March 27th, 2020
Market volatility remains extreme as researchers scramble to find treatment protocols and preventative vaccines for COVID-19, the spread of which has brought the globally connected economy to a shuddering halt.
The Precious Metals Week in Review – March 20th, 2020
Panic accelerated in all markets this week as the spread of COVID-19 around the globe forced massive shutdowns, business closures and even border closures across most countries.
The Precious Metals Week in Review – March 13th, 2020
The slide in equity markets accelerated this week as the panic over the spread of COVID-19 truly set in across the globe.
The Precious Metals Week in Review – March 6th, 2020
The carnage in equity markets continued this week as the spread of COVID-19 expanded across the globe. Volatility seemed to surge on each new headline with regards to the virus.
The Precious Metals Week in Review – February 28th, 2020
Panic ensued this week as global stock markets finally reacted to the widening spread of COVID-19.
The Precious Metals Week in Review – February 21st, 2020
COVID-19 continues to be the primary issue that is triggering extensive market volatility across the world. Every headline out of China seemingly sends equity markets immediately higher or lower, depending on analyst and algorithmic interpretation of how the news pertains to the spread of COVID-19 and its impact on the global economy.
The Precious Metals Week in Review – February 14th, 2020
The coronavirus was once again the top news story of the week as it continued to make its way around the globe. Globally, officials are becoming more and more distrustful of the data that is coming out of China over the number of confirmed cases and the number of deaths caused by the new disease.