June 2020 in Precious Metals, by Steven Cochran

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance, and the factors that affected gold prices. – Steven Cochran of Gainesville Coins What Did Gold Do in June? Gold buyers proved more than willing to step in and buy the dips in June. This bargain hunting became more pronounced as the month went on, and forecasts of an imminent run at all-time highs increased. Spot gold ground higher in June, starting around $1,700, and running into tough resistance around the $1,765 level …




April 2020 in Precious Metals, by Steven Cochran

This monthly column is by Steven Cochran of Gainesville Coins Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance, and the factors that affected gold prices. What Did Gold Do in April? Spot gold began the month of April at $1,577 an ounce. Spot silver started the month at $13.93. Gold put in a strong performance in April, considering that retail gold demand from Asia was non-existent. China, India, and the rest of the Southeast Asian nations remained under lockdown to combat …




March 2020 in Precious Metals, by Stephen Cochran

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance, and the factors that affected gold prices. I’d like to start this month’s column by just saying “Wow.” What Did Gold Do in March? Spot gold ended February on a down note, falling $58 to end at $1,585 an ounce. This wiped out most of gold’s gains for the month. The second week of March saw gold prices get crushed, as investors sold anything and everything possible to meet margin calls on their …




February 2020 in Precious Metals, by Steven Cochran

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance, and the factors that affected gold prices. – Steven Cochran, of Gainesville Coins Gold In 2019: A Review Before we get into gold’s wild ride in February, let’s take a look at it’s performance last year. (Data for this review was supplied by the World Gold Council.) Overall global gold demand was down 1% in 2019, to 4,355.7 metric tonnes (4,801.3 US tons). Higher prices slowed physical gold demand, but this was more …