Worst Crash Since 1987
Precious Metals Commentary (week ending 13th March 2020)
Stock markets have seen the most vicious sell-off since the 1987 “Black Monday” crash and the precious metals were dragged down on liquidating longs. However, with the AUD taking a beating to 62.7 cents gold in AUD terms remains only slightly lower at $2,510 and silver at $25.35.
This week we look at:
- Why has gold underperformed given the dramatic stock and bond market movements?
- The historic gold:silver ratio and what our clients are buying.
- Diversifying your super with gold.
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.