Publicado: 2020.04.30. Gold: is the coronavirus crisis already ending?

Gold: is the coronavirus crisis already ending? - Vista previa

Many virologists say the coronavirus epidemic is far from over. But despite this, in many countries of the world, strict quarantine restrictions are beginning to be lifted. For example, in Germany, retail stores with an area of ​​not more than 800 square meters were able to start work. But at the same time, the mandatory observance of the distance and wearing a mask is maintained. And against this background, stock exchanges are growing. But this is mainly speculative capital. Institutional investors paused gold purchases for their reserves.
At the moment, it is still difficult to predict the financial consequences of measures taken to save economies during the spread of coronavirus. Subsequent quarterly reports will show the cruelty of quarantine activities. Financial assistance from some states was able to stop the wave of bankruptcy of small firms and companies. Only with time will we be able to see bank balances after non-payment of loans by companies.
Long-term investors use every correction in the precious metals market to increase their investments in gold. On the market, the situation with the offer of investment products made of gold and silver is improving, and the delivery time is reduced. Some dealers have opened their stores again for customers. Private investors understand that the next wave of crisis will come again - this is just a matter of time.