Gold News: 26 March 2021
Gold Price: $1,727.25. Prediction: $1,850 an ounce by year-end. News: Now is not the time for gold investors to throw in the towel, slump in gold prices draws shoppers across Asia, and more gold news.
Gold and gold-backed cryptocurrency news for the week ending 26 March 2021.
Gold Price (USD/OZ)
26 March 2021: $1,727.25 [View live gold price.]
Change from last week: -$13.77 (-0.79%)
View the complete archive of gold price forecasts.
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“Retailers are snapping up more of the metal to cater to buyers who had been holding off their purchases for the past year.”
“An 1887 Australian gold £5 coin struck at Sydney Mint has sold at auction in Dallas, Texas, for $US660,000, equivalent to $867,600 in Australian dollars.”
“China, Australia and Russia cumulatively represent 31% of all the gold mined worldwide in 2020.”
China: 3,000-year-old gold mask sparks online meme
“A 3,000-year-old ceremonial gold mask has become an unexpected social media sensation in China after its recent discovery in Sichuan province.”
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Gold-backed Cryptocurrency News
News related to gold-backed cryptocurrencies:
“Digital asset unicorn ACU Digital Limited (ADL) recently introduced ACUG Gold Token, a redeemable gold-backed cryptocurrency, which will bring traditional gold investment and trading into the crypto realm by leveraging new fintech and blockchain technology.”
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