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With logistics closed down across the globe, transporting physical gold has actually been exceptionally hard, resulting in the best spreads in between gold futures prices and also those of physical gold bars because the last economic crisis, this according to Kevin Rich, expert to the Perth Mint.
Rich states we are presently in the opening phases of normalizing.
" There already is extra business freight being enabled, I believe commercial trips are now enabled to carry freight," he said.
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Gold supply “decimated”; what will a recovery look like? – Perth Mint
With logistics shut down across the world, transporting physical gold has been exceedingly difficult, resulting in the widest spreads between gold futures prices and those of physical gold bars since the last recession, this according to Kevin Rich, consultant to the Perth Mint.
Rich says we are currently in the opening phases of normalizing.
“There already is more commercial freight being allowed, I think commercial flights are now allowed to carry freight,” he said.
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