Gold demand soars in some Asian hubs, lockdowns, supply woes hit others

Reuters/Arpan Varghese and Rajendra Jadhav/4-3-2020

“Physical bullion markets in major Asian hubs saw a sharp divide this week with some regions seeing a surge in demand, while others grappled with strained supply and muted activity amid global lockdowns due to the coronavirus.”

USAGOLD note:  Bottom line.  Where people can get out and buy gold in Asia, they are doing it.  Where they are in quarantine or lockdown they have others things on their minds.