Gold Prices Then (3/2020) And Now (3/2021)

GOLD PRICES THEN

A year ago this past week marked the onset of the Covid-19 Pandemic. It also was the last full week of trading in the financial markets preceding crashes in all markets and a near-complete, albeit temporary, shutdown of economic activity.

Subsequent rebounds in stocks, bonds and real estate took valuations to levels as high  or higher (much higher for stocks and gold) than before the turbulence took hold. Some might refer to those valuations as nose-bleed levels, although the summit for peak ascension is always moving when the effects of inflation are factored in.

Gold had its day in the sun, too.

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