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$2,700 gold price 'could be reached in 1 to 2 years'
Gold Price: $1,900.35. News: $2,700 gold price 'could be reached in 1 to 2 years', central bank gold reserves survey, gold-backed tokens take off as inflation accelerates, and more gold news.
Gold and gold-backed cryptocurrency news brought to you by goldscape.net.
Gold Price (USD/OZ)
11 June 2021: $1,900.35 [View live gold price.]
Change from last week: $30.71 (1.64%)
View the complete archive of gold price forecasts.
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“The imminent introduction of Basel 3’s net stable funding ratio is going to have a major impact on the global banking system.”
“Money manager Adrian Day looks at two factors that have been moving gold, and provides updates on several resource companies he believes are progressing in this strong market, with some "strong buys" among the group.”
“A 1933 US gold coin that was never issued after Franklin D. Roosevelt removed America from the gold standard sold for a record $19.51 million at a Sotheby's auction in New York.”
“The thin gold leaf material used to decorate picture frames or lamp bases could also be used to detect viral infections, according to a new study by researchers from Boston University and MIT.”
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Gold-backed Cryptocurrency News
News related to gold-backed cryptocurrencies:
“The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.”
“The partnership enables investors to purchase grams of accredited gold as ERC-20 tokens.”
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