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- Gold News: 21 August, 2020
Gold News: 21 August, 2020
Gold Price: $1939.14. Forecasts: $1,660, $2300, $2,500. News: A new gold standard? Buffett undergoes a conversion on gold, Amazon's ‘Gold Vault’.
Gold and gold-backed cryptocurrency news for the week ending 21 August, 2020.
Gold Price (USD/OZ)
21 August 2020: $1939.14 [View live gold price.]
Change from last week: -$7.87 (-0.40%)
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Gold News
Is this the top for gold? Metal's real value at 50-year high - [BullionVault]
It’s time to ditch the crashing US dollar and buy groceries with gold. Here’s how - [South China Morning Post]
Gold debate: is a new gold standard coming? - [Forbes]
What’s driving the new gold rush? - [Fortune]
Gold mining in Mali unaffected by military coup - [Al Jazeera]
Colombia sold two-thirds of its gold weeks before a record high - [BloombergQuint]
Turkish gold fever spurs dollar oddity unseen in Erdogan era - [Yahoo! Finance]
“It took weeks of frenzied gold trading in Istanbul’s historic commercial center to spur one of the biggest gaps between the cost of physical dollar bills and the official exchange rate in 18 years.”
Pilbara prospector Jean-Paul Turcaud dies aged 80 taking another gold discovery to his grave - [ABC]
Gold Price Forecasts
View the complete archive of gold price forecasts.
Gold-backed Cryptocurrency News
News related to gold-backed cryptocurrencies:
As the Turkish Lira collapses, is Bitcoin a good alternative? - [CryptoDaily]
“Steve Hanke has said that a gold-backed currency could save Turkey as its national Fiat currency collapses during the pandemic of COVID-19.”
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