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Friday, 03/20/2020 9:17:51 AM

Friday, March 20, 2020 9:17:51 AM

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« PRECIOUS-Gold jumps 3%, platinum 8% as stimulus bonanza

".. * Rising risk appetite may ease pressure on gold -analyst
* Platinum set to post worst week ever
* Silver set for 2nd weekly decline of about 12%

* Interactive graphic tracking global spread of coronavirus:

" March 20 (Reuters) - Gold prices jumped over 3% while platinum surged 8% on Friday, as precious metals rebounded sharply on a lull in the rush for cash after global action to reduce the economic impact of the coronavirus lifted market sentiment.

Spot gold was 2.3% up at $1,502.95 per ounce by 1006 GMT, having risen as much as 3.1% earlier. It fell 1% on Thursday, and is en route to a near 2% weekly decline. U.S. gold futures climbed 1.9% to $1,506.30.
https://www.reuters.com/article/global-precious/precious-gold-jumps-3-platinum-8-as-stimulus-bonanza-stalls-cash-hunt-idUSL4N2BD21I

https://www.fxstreet.com/news/gold-rallies-further-beyond-1500-mark-fresh-session-tops-202003200822


"...Junior mining companies discussed by Eric Sprott :

Wallbridge Mining (TSX: WM)
Generation Mining (CSE: GENM)
Palladium One Mining (TSX.V: PDM)
Canadian Palladium Resources (CSE: BULL)
Kirkland Lake Gold (TSX: KL)
Balmoral Resources (TSX: BAR)
Kerr Mines (TSX: KER)
Kalamazoo Resources (ASX: KZR)

https://www.juniorminingnetwork.com/newswire/72404-sprott-weekly-wrap-up-what-to-watch-as-precious-metals-head-into-a-volatile-week.html

https://www.mining.com/gold-remains-an-attractive-investment-asset-despite-recent-volatility/

https://kerrmines.com/
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