Gold News: 22 October 2021

Gold Price: $1,792.63 News: Mixed outlook with gold bulls heavily reliant on $ weakness.

Gold and gold-backed cryptocurrency news brought to you by goldscape.net.

Gold Price (USD/OZ)

22 October 2021: $1,792.63 [View live gold price.]

Change from last week: $11.02 (0.62%)

View the complete archive of gold price forecasts.

Buy and store physical gold in Switzerland 🇨🇭

[Goldscape.net Sponsor]

Global Gold is a 100% Swiss precious metals firm offering a safe, convenient way of buying and storing physical gold. All metals are securely stored in high-security vaults in Switzerland. Find out how to open an account at Global Gold.

Global Gold

Gold News

“Markets are assessing whether tightening will begin earlier than expected to curb inflationary pressures, which has caused a recent fluctuation in bullion prices.”

“In a first for India, bullion derivatives contracts will be settled on a blockchain platform. This will help in global acceptance of gold refined by Indian bullion refineries, giving a fillip to the local industry, exports, as well as investments.”

“NEW DELHI: Gold imports, which have a bearing on the current account deficit, zoomed to about $24 billion during April-September 2021 due to higher demand in the country, according to data from the Commerce Ministry.”

“The Telangana government has decided to buy 125kg of “pure” gold from the Reserve Bank of India (RBI) to decorate the temple tower at Yadadri, chief minister K Chandrashekhar Rao told reporters on Tuesday, adding that the government will need around ₹60 to ₹65 crore to make the purchase.”

“How the rush to buy bullion could promote a good cause.”

Gold-backed Cryptocurrency News

News related to gold-backed cryptocurrencies.

Gold News by Goldscape.net is curates articles from various sources and is not financial advice. Visit Goldscape.net to buy gold online.

For advertising and news submission requests, contact us.

Reply

or to participate.