Gold Surges 6% On Large Bar Shortage, Massive Demand and Unlimited Currency Creation

GoldCore remains open for business. Stocks of coins and bars have been depleted globally due to massive demand. We are buying coins and bars from clients and we are continuing to buy and sell gold and silver certificates. We are selling coins and bars when we receive stock from clients or directly from our government mint and large refinery suppliers. We are only selling to clients who have cleared funds on account and are on our buyers list.


NEWS and COMMENTARY

Gold up 6% in biggest climb for 11 years amid tight supplies and limitless monetary stimulus


Gold Faces Historic Squeeze With Virus Threatening N.Y. Shortage

Stocks, gold surge on new stimulus from Fed, others

Wall Street surges on hopes of $2 trillion rescue package

Goldman Sachs says it is time to buy gold — the ‘currency of last resort’

CME is asked to change gold delivery rules amid coronavirus lockdown, sources tell Reuters

LBMA acknowledges gold liquidity problems amid price volatility

Dutch bank ABN AMRO closing customer gold accounts

FT: Gold bars in short supply due to coronavirus disruption

Gold has surged nearly 10% from the recent low of $1,481/oz



Watch interview here



Gold in Euros (15 Years)


Gold in GBP (15 Years)

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

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
12-Mar-20 1636.65 1570.70, 1284.28 1246.35 & 1457.11 1410.96
11-Mar-20 1662.50 1653.75, 1284.78 1279.01 & 1468.65 1462.25



Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here



Mark O'Byrne

Also on news-goldcore-com

Videos

What these key gold ratios are suggesting for the gold price in 2023

Gold Helps Me Sleep at Night

The King and Queen will be Gold and Silver

Blog posts

What these key gold ratios are suggesting for the gold price in 2023

Are you feeling a bit confused about how the gold price has fared this year? Below we lay it all out for you, and compare it across different currencies as well as asset classes.  The true performance of the 2022 gold price Gold and silver prices have been rising since early November. After setting a […]

READ MORE

Gold’s Role in the International System

Investors choose to invest in gold bars and buy silver bars because there is no counterparty risk. In a world where money is devalued every second and governments are scrambling to stay afloat, it’s worth holding some assets outside of the increasingly tenuous financial system. Below, we look at two countries who couldn’t agree more.  […]

READ MORE

What the World Cup can tell us about inflation

Football, love it or hate it, will dominate news outlets and Zoom small talk for the next month. Both the sport and the politics have entered the debating arenas, but there has been little mention of the whopping prize fund. Yes, football is one of the world’s largest industries, but is the prize fund just […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

What these key gold ratios are suggesting for the gold price in 2023

Gold Helps Me Sleep at Night

The King and Queen will be Gold and Silver

Blog posts

What these key gold ratios are suggesting for the gold price in 2023

Are you feeling a bit confused about how the gold price has fared this year? Below we lay it all out for you, and compare it across different currencies as well as asset classes.  The true performance of the 2022 gold price Gold and silver prices have been rising since early November. After setting a […]

READ MORE

Gold’s Role in the International System

Investors choose to invest in gold bars and buy silver bars because there is no counterparty risk. In a world where money is devalued every second and governments are scrambling to stay afloat, it’s worth holding some assets outside of the increasingly tenuous financial system. Below, we look at two countries who couldn’t agree more.  […]

READ MORE

What the World Cup can tell us about inflation

Football, love it or hate it, will dominate news outlets and Zoom small talk for the next month. Both the sport and the politics have entered the debating arenas, but there has been little mention of the whopping prize fund. Yes, football is one of the world’s largest industries, but is the prize fund just […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE