By Karim Rahemtulla One of the lesser-known casualties of the coronavirus crisis is physical gold.
You know, the type of stuff that you used to be able to buy from a coin dealer?
Physical gold is in such short supply today that paying $100 or $200 more per ounce than the spot price is not unusual (it’s usually a small fraction of that).
But refiners are currently having trouble getting the metal… if they are even operating. Mines have shut down due to government mandates, as well as to protect workers from the virus. Mints have closed – transport is affected. In other words, good luck …read more
