Kitco News Thursday April 09, 2020 21:29
(Kitco News) – The global economy has all but ground to a halt because of the COVID-19 pandemic. It will be even quieter Friday as some European and all North America financial markets will be closed for the Easter long weekend.
The Asian trading session will also be relatively like as Australian and New Zealand markets are also closed for Easter.
Precious metals investors in Britain will actually have four days off as the London Bullion Market Association will hold any auctions and will not publish any precious metal benchmark information Friday or Monday.
Turning to North American markets. All major equity indexes are closed Friday and will back in business Monday. For the precious metals market, the Comex futures exchange closed Thursday evening and won’t reopen until Sunday evening at 6 p.m.
Although U.S. financial markets are closed Friday, the U.S. government doesn’t recognize Easter as an official holiday. The U.S. Labor Department will release U.S. Consumer Price Index data for March.
All Canadian exchanges will be closed Friday, so mining investors will be able to sleep in.
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