Investors flee to gold as cryptos sink

Gold Price: $1,869.64. News: Gold stuck around $1900. Is gold going to rise further, and will gold hit a new all-time-high this year?

Gold and gold-backed cryptocurrency news brought to you by goldscape.net.

Gold Price (USD/OZ)

4 June 2021: $1,869.64 [View live gold price.]

Change from last week: -$21.72 (-1.15%)

View the complete archive of gold price forecasts.

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Gold News

“Crypto investing not replacing gold in 2021...”

“Russia said Thursday it will completely remove the U.S. dollar from its rainy day fund, a move intended to counter American pressure two weeks before a summit of the two countries’ leaders.”

“While buyers have been slowly shifting away from the thousands of family-run jewelry shops that control the bulk of the world's second-biggest gold market, the pandemic has sped up the process.”

“Authorities in Kyrgyzstan said they are in full control of the giant Kumtor gold mine after taking over management of the mine from Canada's Centerra Gold which has taken legal action over the seizure.”

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Gold-backed Cryptocurrency News

News related to gold-backed cryptocurrencies:

“Swig’s firm claimed it could extract gold from mines in California, Nevada and Arizona.”

Gold News by Goldscape.net is curates articles from various sources and is not financial advice. Visit Goldscape.net to buy gold online.

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