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Friday, July 17, 2020

Normalcy Returning to Physical Gold and Silver Markets


After a devastating supply-chain issue caused by the COVID-19 pandemic, normalcy is coming back to the gold and silver bullion market, according to Peter Hug, global trading director at Kitco Metals. 

In an interview with Kitco News, Hug said that premiums for gold and silver are starting to fall back to pre-crisis levels; however, he added that supply is still an issue as many mints are still producing below capacity and providing coins on an allocation basis.

- Source, Kitco News