Gold News: 17 July, 2020

Gold Price: $1800.05. Gold at $2000 more likely, hedge fund sees gold at $3000, Russia boosts gold reserves, Indians spending more on gold than on weddings.

Gold and gold-backed cryptocurrency news for the week ending 17 July, 2020.

Gold Price (USD/OZ)

17 July 2020: $1,800.05 [View live gold price.]

Change from last week: -$1.49 (-0.08%)

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Gold News Around The Web

“With gold hitting nine-year highs this month—and staying above $1,800—readers are asking for guidance on what to do if gold not only reaches new nominal highs, but blows by $2,000 and keeps going. What if it really does go to $5,000 an ounce, $10,000… or higher?”

“Fuelled by low interest rates and the prospect of a recession, gold has hit record highs. So is it worth buying now?”

“250,000 people to be employed as Nigeria set to make $500M in annual revenue through gold mining.”

“Two mines run by trading companies under the Central Committee and MSS in South Pyongan Province are at the top of the list of suspected sources of the gold.”

Gold-backed Crypto News

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