Late on Tuesday morning, August gold futures broke through $1,800 per ounce of gold. The gold price attained this level around 11:30 AM, but it lightly bounced around the $1,800 price level throughout the day. This level is a significant high for gold futures. The last time gold futures achieved […]
In March 2020, the US saw the beginning of the coronavirus pandemic. Consequently, this pandemic halted many lives, jobs, and more internationally and indiscriminately. As a result, schools closed for the remainder of the school year, restaurants locked up their doors, and businesses shut down offices for what seemed like […]
COVID-19 and the US Mint Since the start of the coronavirus pandemic quarantine, the US Mint announced partial shutdowns for its minting facilities. The West Point facility, which strikes the 2020 American Silver Eagles (ASE coins), closed in March after an employee tested positive for the virus. During the closure, […]
Oil Price Tanks Globally Despite OPEC and Russia working together to cut production of oil, the oil price still tanked globally. The oil market suffers as a lack of demand grows since people around the world are in quarantine. Global oil prices fell about 40% so far, making for the […]
The Week of April 20th, 2020 The following week was not too busy with different economic data. Nevertheless, the price of gold has had significant moves and will continue to move this week. On Tuesday, Economic Sentiment will be released by Germany and the European Union alongside Retail Sales from […]
