Gold News: 9 April 2021

Gold Price: $1,744.44. News: Is gold gearing up for a major breakout? Why the yellow metal could fly in 2021, Hungary tripled gold reserves, and more gold news.

Gold Weekly

Apr 09, 2021

Gold and gold-backed cryptocurrency news for the week ending 9 April 2021.

Gold Price (USD/OZ)

9 April 2021: $1,744.44 [View live gold price.]

Change from last week: $13.85 (0.80%)

View the complete archive of gold price forecasts.

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Gold News

Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

Gold has gotten crushed. Why that’s about to change.

“After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year. But prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end.”

Is gold gearing up for a major breakout?

Gold prices attempting to bottom: Key resistance break needed for bullish outlook

Biden’s gold boom: Why the yellow metal could fly in 2021

Perth Mint sees record demand first-quarter demand for gold bullion

Hungary tripled gold reserves as central banks turn buyers again

“Hungary tripled its gold reserves in one of the biggest purchases by a central bank in decades -- the latest sign of governments turning to the precious metal as a safeguard of value.”

Mining Bitcoin with computers more than four times more expensive than mining for gold

It’s not bitcoin ‘or’ gold, but bitcoin ‘and’ gold

“Invisible tattoo” made of gold nanoparticles revolutionizes medical diagnostics

Gold, silver believed to be from Kakatiya dynasty found in Telangana village

“It was an unusual sight for Narasimha, owner of a plot Pembarthi village in Jangaon district of Telangana as he stumbled upon gold ornaments weighing 189.820 gm and silver ornaments weighing 1.727 kg while ploughing his land.”