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- Gold News: 21 October 2022
Gold News: 21 October 2022
Gold Price: $1,620.98 News: Gold prices 'losing to dollar' despite inflation as rates rise, GLD shrinks, UK's Truss resigns, a digital drive to reform the $11 trillion global gold market.
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Gold Price (USD/OZ)
21 October 2022: $1,620.98 [View live gold price.]
Change from last week: -$50.01 (-2.99%)
View the complete archive of gold price forecasts.
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Gold News
“The World Gold Council has a plan to make trading more liquid, starting with the $500 billion in gold bars beneath London. Critics say it’ll meet stiff resistance.”
“The gold price remains depressed, but demand for physical gold has never been higher. Dominic Frisby explains whether now is a good time to buy physical gold.”
“Gold will do well once people realise that inflation won’t come down to pre-2020 levels but will settle between 4 and 6%. The disappointing performance of gold this year is somewhat clouded by the strong dollar. In yen, euro or sterling, gold has done pretty well already.”

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