"Because of the COVID-19 pandemic, Switzerland has declare a state of emergency. Due to the bans from leaving home, Argor Heraeus and Valcambi, the two largest refineries in the world (operating in Switzerland) have announced they will cease operations as of tomorrow.
This means that the availability of physical gold could decline significantly in the coming days.
The price premiums for gold in the retail markets, which are currently already at 4% to 65% on the spot price, might become even higher."
https://vaultoro.com/physical-gold-dealers-are-ceasing-operations/
This means that the availability of physical gold could decline significantly in the coming days.
The price premiums for gold in the retail markets, which are currently already at 4% to 65% on the spot price, might become even higher."
https://vaultoro.com/physical-gold-dealers-are-ceasing-operations/
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