Gold News: 29 May, 2020
Gold Price: $1729.57. Gold may reach a record by year end, $US2,000/oz gold price is likely, and a gold-coated hotel.
Gold and gold-backed cryptocurrency news for the week ending 29 May, 2020.
Gold Price (USD/OZ)
29 May 2020: $1729.57 [View live gold price.]
Change from last week: -$7.10 (-0.41%)
Gold News Around The Web
Yes, this is a gold bull market - [BullionVault]
In Gold We Trust report - [In Gold We Trust]
“The In Gold We Trust report 2020 has been published!”
Gold may reach a record by year end as investor need creates ‘more demand than the market can handle’ - [Market Watch]
Here’s the real reason gold has been rising - [Bloomberg]
New York gold glut: Traders drown in a problem they helped create - [Al Jazeera]
Citibank thinks gradual increase to $US2,000/oz gold price is likely - [Stockhead]
U.S. Bank: 'central-bank money printing should keep gold prices supported' - [Kitco]
You can't just print more gold - [Advisor Perspectives]
Countries went on a gold-buying spree before coronavirus took hold – here’s why - [The Conversation]
Will the Fed trigger inflation this time, boosting gold? - [FX Empire]
JPMorgan: Surging gold prices reflect lack of confidence in central bank currencies - [Crypto Globe]
Ghana's industrial gold output rose 6% in 2019 - [Reuters]
A lost struggle to mine Afghan gold - [Financial Times]
“Venture set up by investment banker Ian Hannam runs out of funds.”
World's deepest gold mine shut down due to COVID-19 - [Anadolu Agency]
Vietnam’s capital city builds the world’s first gold-coated hotel - [Vietnam Insider]
Global Gold is precious metals company from Switzerland that offer a safe and convenient way of buying and selling gold, silver, platinum and palladium. All metals can be safely delivered or securely stored in high-security vaults of your choice in Switzerland, Singapore, Hong Kong, and New Zealand.
Gold-backed Crypto News
News related to gold-backed cryptocurrencies:
Exclusive listing of AWG on CBX - [CBX]
“CBX will partner with Aurus, for the launch of its Gold-backed Token AWG.”
Metex Exchange lists Gold Standard and Silver Standard - [Metex]
Bitcoin Suisse users can now trade gold and silver against Bitcoin and Ether - [Coin Telegraph]
A first: cryptoassets and gold in EU benchmark compliant index - [Securities]
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