Gold Hits 2019 Bottom - What’s Up?

Precious Metals Commentary (week ending 19h April 2019)

Gold failed to hold above $1,280 support this week, posting its lowest price of 2019 at USD$1,274, and $1,773 in AUD terms.

In this update, we look at the recent sell-off from a technical perspective and cover the following topics:

• Insane interest rates and how their suppression is counterproductive
• How gold’s volatility compares favourably to stocks
• Candid comments from Volcker and Greenspan on silver and gold

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