Gold futures surged far above $1,700 an ounce to the highest since 2012, pushing out the spread over spot prices, as investors weighed the widening economic fall-out from the coronavirus pandemic, the prospect of more stimulus, and further signs of dislocation in physical bullion markets.
Source: Gold Rallies, Spread Balloons as Investors Charge Into Bullion – Bloomberg
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Gold Rallies, Spread Balloons as Investors Charge Into Bullion
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