Gold News: 12 June, 2020

Gold Price: $1735.88. Why you must own gold today, Goldman Sachs sees $1,800 gold prices with potential for $2,000, Roth sees gold rallying to $2,200 by 2022.

Gold and gold-backed cryptocurrency news for the week ending 12 June, 2020.

Gold Price (USD/OZ)

12 June 2020: $1735.88 [View live gold price.]

Change from last week: $26.88 (1.57%)

Gold News Around The Web

“Covid-19 is accelerating many trends that were already in existence. The rising gold price is one such trend. These seven charts, says Dominic Frisby, reveal why gold could soon “go bananas”.”

“The Perth Mint will review its audit process after allegations emerged it had purchased hundreds of millions of dollars worth of 'conflict gold' earlier this week.”

“More than 20 million troy ounces of gold have landed in New York vaults over the past three months.”

“Technology giant Gojek’s e-wallet GoPay announced on Tuesday a new gold-investment feature called GoInvestasi in partnership with investment fintech start-up Pluang.”

“A treasure chest full of gold, jewelry and other valuables worth $1 million was found in the Rocky Mountains, according to the man who hid it there more than a decade ago.”

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