Another Week, Another New Gold Price High
Precious Metals Commentary (week ending 27th March 2020)
A good week for the metals with gold staging a recovery above $1,600 and silver outperforming to over $14.50. For Aussie investors, we saw the $A gold price reach a new high of $2,766.95 but our dollar recovering from its lows took some of the shine off local gold prices and they moderated back to $2,655 and silver just under $24.
This week we look at:
- When spot and futures price diverge by $100, what is the real price of gold?
- Preparing for the unforeseeable.
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.