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April 7, 2020

#Gold Rallies to Highest Since 2012, Spread between Spot & Futures Balloons

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


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