Gold reached $1742/oz it's highest since 2012 on the back of deteriorating economic fundamentals and more monetary stimulus to come.
The spread between Spot & Futures Balloons to over $50.
See the whole story Gold Rallies, Spread Balloons With Pandemic's Fallout in Focus on Bloomberg here: https://www.bloomberg.com/news/articles/2020-04-07/gold-rallies-spread-balloons-as-investors-charge-into-bullion
bit.ly/MasterMetals
No comments:
Post a Comment
Commented on MasterMetals