Gold Clears $1,700 As QE Returns
Precious Metals Commentary (week ending 17th April 2020)
Gold reached a high of $1,747 this week and silver consolidated currently trading around the $15.40 level. With the Australian dollar trading within a 1.8 cent around 0.6354 the AUD metal prices chopped around the $2,700 level and between $23.80 and $24.75 for silver.
This week we look at the:
- Economic impact of the Great Lockdown
- Return of quantitative easing
- Is Australia seeing another silent bank run?
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.