May 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. What Did Gold Do in May? May was a volatile month for gold. Multi-day rallies were ended by big single-day losses on several occasions. Prices for both gold futures and spot gold started May at $1,700. June gold futures hit a monthly high of $1756 on May 15, while spot gold hit a high of $1748 on the 20th. The May lows for gold were $1,688.50 …