Case Study
New Zealand Mint’s Michael O’Kane
Q How does precious metals volatility today compare to the last few years? Michael O’Kane During the ? nancial crisis in 2008 we saw the price for gold jump by over $50 in an hour, which is generally unheard of. A comparison to this would be during the oil crisis in 1980 when the price of gold increased by several hundred dollars over a period of several days. Currently we’re seeing movements of up to $30 per day as the market reacts t