On 23/03 at 6am the EFP stood at about $6/oz. A day later, this has blown out ot more than $20/oz.
Due to shortages of investment gold and difficulties in shipping metal around.
![Image](https://pbs.twimg.com/media/ET2vnf0WoAAgTMu.png)
reuters.com/article/precio…
As a colleague in Asia put it today:
"There are enough kilobars around: the issue is how to get it where its wanted.
![Image](https://pbs.twimg.com/media/ET2ypmGXYAAEGdw.jpg)
Last around $1573 (spot).
Best of luck.
![Image](https://pbs.twimg.com/media/ET2zuWZXYAEOYsz.png)