NEWS and COMMENTARY
31 Gold and Silver Charts – Demand Will Soar and Gold Will Surge Once It Surpasses $1,900/oz (GoldChartsRUs)
“This event coming into play just prior to taking out all time highs at $1900 after which one could expect the prices to accelerate & demand soar.”
Coronavirus Sickens Almost 90 at Biggest Russian Gold Mine (Bloomberg)
Gold ETFs Luring Record Amounts of Cash Despite Risk-Asset Rally (Bloomberg)
Gold steady as firmer dollar offsets fears of new infections (Reuters)
Global equities markets waver, bonds dip on fears of second wave of infections (Reuters)
U.S. has no need to buy back debt, will take advantage of low interest rates: Mnuchin (Reuters)
Over 80% of U.S. small businesses expect longer impact of pandemic: survey (Reuters)
As U.S. meat workers fall sick and supplies dwindle, exports to China soar (Reuters)
Here’s what gold does when the U.S. government goes on a borrowing binge (Marketwatch)
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
11-May-20 1698.80 1702.75, 1375.35 1378.55 & 1570.20 1571.81
07-May-20 1688.65 1704.05, 1366.29 1387.78 & 1565.21 1582.38
06-May-20 1698.90 1691.50, 1373.56 1366.73 & 1574.71 1564.13
05-May-20 1696.30 1699.55, 1363.83 1363.72 & 1566.36 1562.91
04-May-20 1703.70 1709.10, 1371.14 1374.63 & 1558.72 1563.83
01-May-20 1673.05 1686.25, 1332.08 1347.15 & 1523.14 1536.68
30-Apr-20 1716.75 1702.75, 1373.92 1361.69 & 1577.86 1568.91
29-Apr-20 1706.00 1703.35, 1371.97 1368.64 & 1569.69 1568.10
28-Apr-20 1708.10 1691.55, 1367.68 1357.98 & 1571.11 1559.27
27-Apr-20 1717.25 1714.95, 1381.36 1380.19 & 1582.96 1581.18
24-Apr-20 1727.25 1715.90, 1401.32 1391.59 & 1604.96 1589.09
23-Apr-20 1727.55 1736.25, 1399.49 1405.84 & 1601.78 1608.64
22-Apr-20 1702.65 1710.55, 1377.95 1388.28 & 1567.46 1576.44
21-Apr-20 1678.60 1682.05, 1328.16 1364.82 & 1548.00 1547.82
20-Apr-20 1684.95 1686.20, 1349.14 1355.70 & 1547.63 1551.98
