World’s Most Precious Metal Surges Over 30% In 2 Weeks and 12 Fold In 4 Years On Supply Concerns

World’s Most Precious Metal Surges Over 30% In 2 Weeks and 12 Fold In 4 Years On Supply Concerns

] ◆ Rhodium has surged 30% in January to the highest levels since 2008 and has risen more than 12 fold in less than four years from $575 per ounce to nearly $8,000 per ounce ◆ Rhodium is now 5 times more costly than safe haven gold and 440 times more expensive than the industrial … Read more

Global Supply of Gold and Silver Coins and Bars Evaporated In Safe Haven Rush

Global Supply of Gold and Silver Coins and Bars Evaporated In Safe Haven Rush

] ◆ GoldCore remain open for business unlike many dealers, mints and refineries (see News below) and we continue to buy bullion coins and bars and sell gold bars (1 kilo). The supply situation changes hour to hour. ◆ We, like the entire industry have experienced record demand in recent days and the global supply … Read more

U.S. Mint Halts Gold and Silver Coin Production; Supply Shortages Deepen and Premiums High

Trump Threatens China Seeking $160 Billion In “COVID-19 Reparations”after China Gold Exchange Calls For New Super Sovereign Currency

] Gold in USD – 3 Days Gold prices inched lower on Friday but continuing safe haven demand to protect from the coming global recession or depression and global debt crisis will support gold. Strong demand means it is on course for its second straight weekly gain in all major currencies after hitting new all … Read more

Gold Market Supply Chain Shows Strong Resilience Amid Disruption

Gold Market Supply Chain Shows Strong Resilience Amid Disruption

] The gold supply chain is truly global. Gold is mined on every continent except Antarctica, refined into bars and coins in numerous countries, and distributed far and wide. This geographical dispersion not only brings stability to the gold market, it is also necessary to satisfy demand. But the onset and scale of the COVID-19 … Read more

Global Silver Investment Demand To Surge While Supply Weak (World Silver Survey 2020) 

Global Silver Investment Demand To Surge While Supply Weak (World Silver Survey 2020) 

] Source: Silverprice.org ◆ WORLD SILVER SURVEY 2020 from the SILVER INSTITUTE GLOBAL SILVER DEMAND EDGED HIGHER IN 2019, WITH INVESTMENT DEMAND UP 12%, WHILE SILVER MINE SUPPLY FELL FOR THE FOURTH CONSECUTIVE YEAR Global silver demand was pushed higher in 2019, with a 12 percent increase in investment demand as retail and institutional investors … Read more

Gold Mining Operation Supply Issues Points to a Sustained Bull Market for Gold

Gold Mining Operation Supply Issues Points to a Sustained Bull Market for Gold

] David Garofalo, the Ex Goldcorp CEO and the man that presided over its $32bn merger with Newmont mining is the guest on GoldCore TV this week. He discuss how the growing supply and demand imbalances in the market point to the potential for a prolonged bull market for gold. Click on the video to watch … Read more