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Gold at all-time highs or not today?

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Gold at all-time highs or not today?

John Reade
John Reade
Market Strategist, Europe and Asia World Gold Council
https://twitter.com/JReade_WGC

Read on twitter Follow @JReade_WGC

4 months 2 weeks ago

#Gold at an all-time high today in USD terms?

Or not?

Gold has traded much higher today and you may see headlines that it hit an all-time high in US dollars.

Although the active Comex future price hit an all-time high this morning, the spot (OTC) price did not. https://t.co/INjTLK754p

no info for image
John Reade
John Reade
Market Strategist, Europe and Asia World Gold Council
https://twitter.com/JReade_WGC

Read on twitter Follow @JReade_WGC

4 months 2 weeks ago

My read - gold traded very close to its all-time USD highs, but according to Bloomberg data, the high spot print this morning is about $2063/oz vs. the all-time high of $2075.50 on 7 August 2020.

Comex’s all-time high today was $2085.40 /oz for comparison.

More by John Reade

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