Updates on the Coronavirus Gold Price The coronavirus gold price is up around $50 as the Federal Reserve responds to the coronavirus-afflicted economy. On Monday, the Fed began taking aggressive measures. Among these measures, the Fed upped the amount of liquidity it’s offering in the short term to keep credit […]
Last update: 3/13/20 Gold/Silver Ratio Reaches All-Time High! Silver has seen significant selling pressure in this volatile market. However, demand has not yet capped off with silver either. In fact, the gold-silver-ratio saw an all-time high on Thursday over 100, nearly 103. This is the highest in history and has […]
Monday morning did not open very well for the stock market. The Dow Jones International Average is having its worst day since December 2008 as it crashed around 2,000 points. S&P 500 opened already down 7%, halting trade for 15 minutes as selling pressure triggered a circuit breaker. This is […]
As the coronavirus persists, the stock market continues to plummet. Gold experienced a plummet last week, but it has continued to enjoy a rise after the Federal Reserve emergency cuts announced on 3/3/20 to combat the economic threat of the coronavirus. What happened with gold last week? Steep stock-market declines […]
As this weekend comes to a close and the workweek resumes, gold‘s market price has jumped to its highest since 2013. The confirmed spread of coronavirus in South Korea, Italy, and Iran directly influenced this spike. South Korea has the worst outbreak in Asia outside of China. After them, Italy […]
