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%)

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Gold News

Now is not the time for gold investors to throw in the towel - Felder Report

Fed’s crypto plans may turn Bitcoin bulls into Gold bugs

Slump in gold prices draws shoppers across Asia

“Retailers are snapping up more of the metal to cater to buyers who had been holding off their purchases for the past year.”

Erdogan urges Turks to sell gold to support collapsing currency

Gold price can push to $1,850 even as bond yields surge to 2% - Invesco

Gold Digger: You should ALWAYS have gold exposure in your portfolio, expert says

Venus racks up more gold strikes at WA project

Sydney Mint gold £5 coin sells for $US660,000 at auction in US

“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.”

Karnataka to launch its own gold coins with state emblem embossed

Australia ranks top with highest gold reserves in 2020, followed by Russia and the US a distant third

“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:

ADL launches cashable digital gold trading tool

“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.”

Asia Broadband goes live today with sales of gold-backed cryptocurrency token - [Press Release]

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