Gold News: 5 February 2021

Gold Price: $1,807.53. News: gold price sinks below $1,800, physical demand will be a positive for gold prices in 2021, how gold gets to $10k

Goldscape.net

Feb 5, 2021

Gold and gold-backed cryptocurrency news for the week ending 5 February 2021.

Gold Price (USD/OZ)

5 February 2021: $1,807.53 [View live gold price.]

Change from last week: -$39.28 (-2.13%)

View the complete archive of gold price forecasts.

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Gold News

2021 gold price to rise 11.5%: LBMA forecast

Gold price sinks below $1,800 to 2-month low

“Spot gold dropped below the $1,800/oz mark for the first time since late November, down 2.5% to $1,787.95/oz by 11:30 a.m. EST.”

Gold: Physical demand will be a positive for gold prices in 2021 – Capital Economics

Gold price to hit record highs in Q2 as retail demand picks up, says Standard Chartered

Gold will do well in this environment: Newton Investment

Three reasons why gold is on the verge of a major bullish breakout

'$10k gold sounds crazy, but it's easy to get to', here's why it hasn't happened yet

“I look at gold, not in the dollar price of gold…gold is the most stable, monetary medium there ever has been, and that’s why it’s been money for four thousand years,” he said. “I don’t think gold goes to $10,000 in a vacuum, it means the dollar is going down significantly.”