Gold-backed cryptocurrency Gold-backed cryptocurrency is a type of crypto stablecoin where each token is backed with physical gold. With the token price pegged to the current gold price, there is less price volatility compared to Bitcoin or other altcoins. The largest stablecoin (by market capitalization) is Tether (USDT), where 1 Tether token is in theory […]
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China Gold Reserves – How much gold does China really have?
Gold reserves held by China’s central bank – the People’s Bank of China (PBoC) – are officially listed at 1,948.31 tonnes (as of June 2021). The People’s Republic of China (PRC) is sixth on the list of the world’s largest gold reserves, according to the World Gold Council’s rankings. [Image via Nasdaq.] There is speculation […]
How to buy gold-backed cryptocurrency
There have been over 100 gold-backed cryptocurrency projects that have launched over the years, though many of them have not survived. I’ve already compiled the most comprehensive guide to gold-backed cryptocurrencies, but if you are just looking for how and where to buy gold-backed cryptocurrencies, then read on. This post lists active gold-backed tokens that […]
How to earn interest on gold and get up to $250 sign-up bonus
Gold is the world’s oldest and most established store of value. It’s the original stable currency, long before stable coins became a thing. For many investors though, the disadvantage of gold is that you can’t earn interest on it and that it’s hard to loan out. The only official institution that offers interest on gold is […]
Five-figure gold – Can gold go beyond $10,000 per ounce?
When the price of gold broke through the $1,000 barrier for the first time in 2008, it wasn’t long before there was speculation if gold could break through the $10,000 per ounce barrier. Of course it’s more difficult for exponential growth over linear growth, and more conservative analysts were content with setting their sites on […]
Why buying gold with Bitcoin is a better alternative to gold-backed cryptocurrency
Gold-backed cryptocurrencies have become a popular way to invest in the gold market. The combination of cryptomania and record gold prices has put this asset class in the spotlight. This method of buying gold offers many advantages over buying physical gold bars or coins, such as not buying whole bars or having to worry about […]
Gold price forecast and predictions for 2021 and beyond
Gold is one of the most traded commodities in the world, and as such, there is no shortage of analysts trying to predict where the price of gold is heading. As a gold news curator, I see new gold price forecasts every month. This page aggregates these gold price predictions from every major media outlet […]
Darico – a cryptocurrency backed by gold, Bitcoin and Ethereum
Darico is an asset-backed coin backed by gold, Bitcoin and Ethereum. Each token is comprised of 55% bitcoin, 35% gold, and 10% ether. Darico is ideal if you want exposure to the two leading cryptocurrencies with the stability of gold to anchor the price fluctuations. With the purchase of Darico coins (DRC) you will then […]
Puregold – gold-backed cryptocurrency
Puregold is a payment gateway using gold-backed cryptocurrency. Puregold is by Puregold.sg from Singapore, which has its own in-house factory producing gold coins and bars. You can buy gold coins and bars online and have it shipped. PureGold.Sg was established in 2010 and have made a name for themselves producing quality gold coins and bars […]
PG Gold Museum, Penang – Malaysia
The PG Gold Museum in Penang, Malaysia is a museum dedicated to gold. The museum is an addition to the retail store of Public Gold Group, which sells gold bars and coins. They are the first locally minted gold and silver bars provider in Malaysia. If you are coming here to buy physical gold or […]
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