Gold News: 13 August 2021
Gold Price: $1,757.45. News: Gold recovers to above $1,750 after flash crash sends gold to a four-month low of $1,677.9 per ounce.
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Gold Price (USD/OZ)
13 August 2021: $1,757.45 [View live gold price.]
Change from last week: -$43.72 (-2.43%)
View the complete archive of gold price forecasts.
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“Gold experienced a large sell-off over the weekend. Dominic Frisby analyses the outlook for the precious metal.”
“Sunday 15 August will mark 50 years since America stopped backing the US Dollar with gold”.
“Inflows stand in marked contrast to continued net selling from US funds suggesting a divergence in sentiment.”
“The precious metal could rise as high as $3,000 to $5,000 per ounce in the next 3-5 years. That’s according to the same fund manager who predicted the 2016 gold rally.”
“With the highest gold purchase on a half-yearly basis, the Reserve Bank of India's (RBI) gold reserves, in proportion of its forex reserves, has crossed 700 tonnes for the first time, a report said on August 12.”
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