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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Gold News

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]