| ◆ Gold and silver coin and bar shortages have deepened globally due to massive demand and a breakdown in supply (see News below). ◆ GoldCore remains open for business and we are buying coins and bars from clients and we are continuing to buy and sell gold and silver certificates. 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 buy stock from clients or directly from our government mint and large refinery suppliers. ◆ Delivery is 15 plus business days. We are only selling to clients who have cleared funds on account and are on our buyers list. ◆ Due to extreme demand, we regret that our customer support response time may be delayed. Please be understanding with us in this difficult time. |
NEWS and COMMENTARY
Premiums on gold coins and bars surge; U.S. Mint sells Eagles at $2,175, a 35% premium over spot
Gold prices settle lower after sharpest daily rise in over a decade
Gold faces unique pricing, supply and delivery challenges amid COVID-19 shutdowns
Gold market snarled by virus lockdown as world races for haven
Coronavirus shutdowns cause glitches in gold market
Palladium surges 25% in day; best day since 1997 on South Africa lockdown
Coronavirus slowdown starts to rival U.S. Fed’s doomsday bank stress test scenario
“Right now you want to hold as much as you can” – Dominic Frisby
Investors turn to gold amid coronavirus market rout – and the trend will continue – Peter Kinsella
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
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
12-Mar-20 1636.65 1570.70, 1284.28 1246.35 & 1457.11 1410.96