Gold Surges 8.5% in April as Central Banks Create Infinite Amounts of Currency For Bail-outs and Government Spending

Gold Surges 8.5% in April as Central Banks Create Infinite Amounts of Currency For Bail-outs and Government Spending

 

One kilogram fine gold bars sit stacked in the precious metals vault at Pro Aurum KG in Munich, Germany, on Wednesday, July 10, 2019. Gold rose for a third day after the Federal Reserve indicated that it’s preparing to cut interest rates for the first time in a decade as the global economy slows. Photographer: Michaela Handrek-Rehle/Bloomberg
Gold is heading for the biggest monthly gain since 2016 as top central banks ramp up "stimulus" and create tens of trillions of dollars, euros, pounds and other currencies to bail-out corporations, financial institutions, banks and governments



NEWS and COMMENTARY

Gold Soars 8.5% and Silver 12% in April as Top Central Banks Fight Pandemic’s Damage

Silver's Bull Market Is Only Getting Running

Clash of tech titans: Zuckerberg praises coronavirus lockdowns; Musk sees ‘fascism’

Venezuela asks Bank of England to sell its gold to U.N. for coronavirus relief – "sources"

Stocks rally on treatment hopes, currencies await ECB

Coronavirus drags Spanish economy into worst contraction on record

Trump says “COVID-19 reparations” coming, “US will bill China at least $160 billion”

China Gold Exchange President Calls For Super Sovereign Currency Post-Crisis

China starts major trial of state-run digital currency

Fed likely to renew vow to use "all tools" to "brace" economy

Coronavirus likely hammered U.S. economy in first quarter

Papua New Guinea threatens to seize Barrick's Porgera gold mine


 

Gold in USD - 3 Days

 

"Yes It Will. The Only Question Is When" - WATCH HERE

 


GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

29-Apr-20 1706.00 1703.35, 1371.97 1368.64 & 1569.69 1568.10
28-Apr-20 1708.10 1691.55, 1367.68 1357.98 & 1571.11 1559.27
27-Apr-20 1717.25 1714.95, 1381.36 1380.19 & 1582.96 1581.18
24-Apr-20 1727.25 1715.90, 1401.32 1391.59 & 1604.96 1589.09
23-Apr-20 1727.55 1736.25, 1399.49 1405.84 & 1601.78 1608.64
22-Apr-20 1702.65 1710.55, 1377.95 1388.28 & 1567.46 1576.44
21-Apr-20 1678.60 1682.05, 1328.16 1364.82 & 1548.00 1547.82
20-Apr-20 1684.95 1686.20, 1349.14 1355.70 & 1547.63 1551.98
17-Apr-20 1693.15 1692.55, 1362.48 1354.04 & 1564.47 1555.79
16-Apr-20 1717.85 1759.50, 1378.57 1382.91 & 1581.45 1589.06
15-Apr-20 1712.25 1718.65, 1367.92 1377.33 & 1566.02 1580.99
14-Apr-20 1715.85 1741.90, 1367.36 1383.07 & 1567.91 1588.26
09-Apr-20 1662.50 1680.65, 1339.48 1348.22 & 1529.00 1538.13
08-Apr-20 1649.05 1647.80, 1328.27 1330.27 & 1517.00 1513.14
07-Apr-20 1652.20 1649.25, 1344.23 1333.75 & 1519.53 1511.21
06-Apr-20 1636.60 1648.30, 1330.72 1341.06 & 1515.49 1526.66


 

NOTE: Inbound deliveries to our Loomis and Brink's vaults in Zurich, Singapore, London and Dublin have resumed and investors can move their assets to our vaults from safe deposit box companies, bullion stored with banks or digital gold platforms or ETFs.

We have resumed buying non stored bullion again and are buying gold and silver coins and bars at attractive premiums. Please email us for shipping instructions to vaults: support@goldcore.com



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