Gold Market Wire
News, analysis and commentary for gold traders and investors
Gold Pushes Strongly Higher
April 6, 2020 - (Gold Market Wire) - Gold is tearing through all resistance, leaving only the recent 8-year high of $1703.29 as the last challenge before taking on the 2011 all-time Gold high price at $1921.
And closer up.
A scramble for physical is now commencing in certain locales. When global transportation networks are resumed supplies may become normalized.
But, after the events of the past two weeks, that may not be easily achieved.
There are reports of cash shortages at ATMs in certain areas of the United States.