Gold could hit $3,000/oz over the next 12-18 months (BofA)
Gold Price: $2,324.65 News: Gold market is building a staircase to $2,400 and beyond, $3,000 gold by 2025 is ‘not crazy’
Your weekly summary of the most important gold news and analysis of the last week.
Gold price USD/OZ: $2,324.65 [View live gold price.]
Change from last week: -$37.06 (-1.57%)
Gold news
BofA: Gold could hit $3,000/oz over the next 12-18 months
Gold market is building a staircase to $2,400 and beyond - Joy Yang of MarketVector Indexes
BRICS gold-backed currency to launch at 2024 summit?
APAC asset owners lead the charge in raising gold exposure
Do you know? Gold is edible! Here are 5 dishes that are made with gold!
World news
🇨🇳 China
"With the gap between China's visible gold supply and visible demand widening yet further so far in 2024, someone has finally checked the data for what's happening to commercial bank holdings of bullion."
Is China hiding how much Gold it really has?
🇨🇮 Côte d’Ivoire
Many Peaks grows gold portfolio in Côte d’Ivoire by 50pc
🇬🇭 Ghana
Ghana retains position as Africa's leading gold producer
🇮🇳 India
RBI’s overseas gold holding touches a six-year low
What’s the secret behind India’s gold obsession? It’s not what you think
🇰🇬 Kyrgyzstan
Kyrgyzstan increases export of gold to China 10 times in 4 months
🇵🇰 Pakistan
🇸🇬 Singapore
🇿🇦 South Africa
Theta raises another $4m for South Africa gold project
🇨🇭 Switzerland
Buy and store gold bullion and coins in Switzerland 🇨🇭(sponsor)
🇻🇳 Vietnam
Smuggling gold: The hidden crisis in Vietnam
🇿🇼 Zimbabwe
Zimbabwe’s new ZiG currency receives official ISO code after two months
“The currency, now officially recognized with the code ZWG (Zimbabwe Gold), received this designation from the ISO 4217 Committee.”
Gold-backed cryptocurrencies
Swarm Markets joins RWA frenzy: launches gold-backed NFTs
Read more about gold-backed cryptocurrencies.
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