Gold News: 20 November 2020
Gold Price: $1,863.62. Forecasts: $2,300-$2,500. News: Vaccine optimism slams brakes on gold, bull case for gold remains despite coronavirus vaccine, gold is a hedge against bad government decisions.
Gold and gold-backed cryptocurrency news for the week ending 20 November 2020.
Gold Price (USD/OZ)
20 November 2020: $1,863.62 [View live gold price.]
Change from last week: -$15.66 (-0.83%)
View the complete archive of gold price forecasts.
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Totally bogus! Or $14,000 gold - [BullionVault]
Surge in vaccine optimism slams brakes on gold - [Financial Times]
Vaccine news, ETF reductions drive gold correction risk - [Saxo Markets]
“The recent uptick in coronavirus cases is alarming. Hospitalizations are surging in the Midwest, and regional lockdowns are becoming likely. Gold is trading lower on vaccine developments, and prices may not bottom until December.”
Gold is a hedge against bad government decisions - [BloombergQuint]
Bull case for gold remains despite coronavirus vaccine - [Stockhead]
Do you know where your watch’s gold came from? - [NY Times]
“Some Swiss watch companies are beginning to disclose their supply chains.”
Gold from Mars? These microbes may help future Martians and Moon people mine metals - [Deccan Herald]
Gold-backed Cryptocurrency News
News related to gold-backed cryptocurrencies:
“The U.S. Securities and Exchange Commission has requested a default judgment against three companies and four individuals associated with the allegedly fraudulent art and gold-backed cryptocurrency Meta 1 Coin.”
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