Corona Cramps China Supply Chains

Precious Metals Commentary (week ending 14th February 2020)

US gold rallied to $1,577 and silver fell back to $17.66 this week. The AUD/USD was on struggle street last week, hitting an 11 year low and pushing AUD gold higher to $2,346.

This week, we look at:

  • The impact of coronavirus on global supply chains and gold demand
  • Central banks keen on issuing their own digital currencies
  • Australians overexposed to housing and over-valued equities

Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.

XAUAUD Timescale Chart