 | Craig R. Smith Explains Classic Gold Double-Play - Watch Now |
2.20.20 - Gold prices extend gains to highest level since 2013. Stocks slip as coronavirus death toll outside of China rises. Gold last traded at $1,616 an ounce. Silver at $18.33 an ounce.
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* Democrats Prepare for the Big Test
* Bezos Delivers $10 Billion Windfall
By Craig R. Smith, Chairman, Swiss America-Forty years ago gold prices spiked up over eight-fold – from $100/oz. in January 1977 to $850/oz. in January 1980. (A 1980 gold price of $850/oz. would equate to an inflation-adjusted gold price of $2,574/oz. today).
| Gold | $1643.91 |
| Silver | $18.55 |
| Platinum | $976.29 |
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