Explore pandemics that moved precious metal prices from 1971 to 2024.
The WHO declared COVID-19 a global pandemic as the virus spread worldwide, triggering unprecedented lockdowns and economic collapse. Central banks launched the largest monetary stimulus in history - the Fed cut rates to zero and purchased $120 billion/month in assets. Gold initially dipped during the March liquidity crisis but then exploded to an all-time high of $2,067/oz in August 2020. Silver surged 150% from its March lows. Trillions in stimulus and negative real rates made precious metals incredibly attractive.
$2,067/oz (all-time high)
5 months
$29.14/oz
5 months (from March lows)
From $595/oz to $1,025/oz
5 months (from March lows)
From $2,875/oz to $1,985/oz
2 months (initial crash)
Sources: World Gold Council, WHO, Federal Reserve
History provides context, but live data drives decisions. Monitor real-time gold, silver, platinum, palladium, and copper prices with interactive charts.