Daily Market Update

Gold Gains 8% and Silver 18% In Week As Fed Balance Sheet Tops $5 Trillion

Gold and silver coin and bar shortages continue globally due to massive demand and a breakdown in supply (see News this week).

NEWS and COMMENTARY

Gold eases on profit-taking, but poised for 8.5% gain in week; best week in 11 years

The Gold Market Is Being Tested Like Never Before

South African Gold Shipments to London Have Been Cut Off

Federal Reserve’s Balance Sheet Tops $5 Trillion for First Time

Pelosi expects bipartisan House vote for $2 trillion coronavirus bill Friday

Canada’s big banks field 213,000 requests for mortgage deferrals






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GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

26-Mar-20 1620.10 1634.80, 1361.37 1358.19 & 1480.12 1487.01
25-Mar-20 1620.95 1605.45, 1357.22 1371.38 & 1494.84 1486.17
24-Mar-20 1599.50 1605.75, 1362.61 1371.47 & 1472.98 1489.49
23-Mar-20 1494.50 1525.40, 1288.86 1312.91 & 1399.60 1411.00
20-Mar-20 1504.45 1494.40, 1275.32 1258.28 & 1400.34 1391.59
19-Mar-20 1480.70 1474.25, 1285.54 1257.83 & 1369.94 1365.89
18-Mar-20 1506.00 1498.20, 1254.50 1271.22 & 1367.00 1378.04
17-Mar-20 1472.35 1536.20, 1212.04 1275.66 & 1331.00 1400.40
16-Mar-20 1504.65 1487.70, 1223.28 1210.54 & 1346.36 1338.93
13-Mar-20 1588.15 1562.80, 1258.61 1248.83 & 1422.66 1407.30


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Mark O'Byrne
Executive Director

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