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Quarantine in gold refineries, 2020 March 24

Gold, silver coins and investment gold bullion in Germany (and other countries) have become highly sought after as a result of the coronary epidemic, three major refineries in Switzerland have ceased operations, according to Reuters news agency. According to some sources, Germany, Austria has run out of gold coins and precious metals. Investment silver products are also nearing completion. Private investors face the problem of purchasing the product they want. Most manufacturers of gold coins and precious metals have reached the limits of their production capacity and cut off supplies. Most precious metal dealers have closed their stores. Sales are only online, but the most popular investment products are already lacking. The Swiss authorities consider that gold refiners are not life support institutions. They were therefore advised to terminate their quarantine. The factory break may last for at least one week. The following gold processing companies have ceased operations: Valcambi, Argor-Heraeus and PAMP. It is worth recalling that Swiss gold refineries process almost half of the world's gold.

 
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