Gold News: 27 November 2020
Gold Price: $1,809.27. Forecasts: $1,650, $2,100, $2,300. News: Has the Covid vaccine killed off the gold boom? Gold prices to peak at $2,300 in 2021, Bitcoin isn’t a replacement for gold just yet.
Gold and gold-backed cryptocurrency news for the week ending 27 November 2020.
Gold Price (USD/OZ)
27 November 2020: $1,809.27 [View live gold price.]
Change from last week: -$54.35 (-2.92%)
View the complete archive of gold price forecasts.
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Shelton loses to Kelton after 50 years of no-gold money - [BullionVault]
Gold price will see strongest boom in history after ‘reset’ at this level – Harry Dent - [Kitco]
Has the Covid vaccine killed off the gold boom? - [The Telegraph]
Gold to trade around $2,100 next year – ANZ - [FX Street]
Gold to rally towards $2300 in 2021 – CIBC - [FX Street]
Peak in gold price? Precious metal to drop below $1,650 in next two years, says Westpac - [Business Insider]
Gold prices to peak at $2,300 in first half of 2021 - Societe Generale - [Markets Insider]
Gold to $2,500: Two ETF analysts break down Citi’s bullish call for 2021 - [CNBC]
Why gold could be heading to $5000 - [Yahoo! Finance]
Turkey has no cure for a gold craze that leaves Lira vulnerable - [Bloomberg]
First Mover: Why Bitcoin isn’t a replacement for gold just yet - [Nasdaq]
Exclusive: JPMorgan dominates gold market with record $1 billion precious metals revenue - [Reuters]
Zimbabwe gold smugglers shipping over $1.5 billion a year - [Bloomberg Quint]
Economist calls for an interest-free, gold-backed economy - [Free Malaysia Today]
Prospecting for the true value of gold - [The Verge]
Two held at Chennai airport for smuggling Rs 90 lakh of gold - [Sify]
Inside the world's most golden hotel - in pictures - [The Guardian]
“The Dolce by Wyndham Hanoi Golden Lake hotel in Hanoi, Vietnam, is billed as the first in the world to be golden both inside and out.”
Gold-backed Cryptocurrency News
News related to gold-backed cryptocurrencies:
Crypto land is calling for a new coin while its rates skyrocket - [PR Newswire]
DeFi and gold – why the biggest DeFi projects are looking to integrate gold - [BTC Manager]
What is wrapped-DGLD (wDGLD)? - [Blockchain]