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Gold News: 17 August, 2018

August 17, 2018 By James Leave a Comment

Here is this weeks pick of gold news for the week ending 17 August, 2018.

Gold News Around The Web

Gold breaks $1200 as dollar reaches 13-month high and Turkish crisis hits emerging markets – [BullionVault]

Gold is Turkey’s only hope at saving the Lira – Expert – [TheStreet]

Perth Mint launches first gold-backed ETF on NYSE – [Kitco]

Gold Price forecast: Three reason gold may rise in the coming weeks – [FX Street]

Gold price set by China? – [Numismatic News]

Switching from dollar to gold: Iran continues its struggle with US oil embargo – [Sputnik News]

Leading Brexiteer invested over £70,000 in firm advising clients to buy gold to avoid impact of a no-deal Brexit – [Business Insider]

Gold Focus: VAT drags gold jewellery demand down in the UAE – World Gold Council – [Zawya]

Gold price likely to hit $1,300 – [Morningstar]

$1m gold vanishes from armoury – [Herald Zimbabwe]

Gold Coins

George Washington gold coin sells for $1.7 million – [Reuters]

Gold-backed crypto news

The First Asset Backed Crypto Summit will be held in Lisbon on 28-29 September, 2018. The conference will cover various topics on blockchain technology and how tokens are using assets (such as gold) to secure its value.

Mitch Davis on gold-backed G-coin and its use for making and accepting payments – [The Paypers]

See the complete list of gold-backed cryptocurrencies.

For the easiest (and safest) way to buy gold with bitcoin go to Vaultoro.

Filed Under: Gold News

About James

James is the Managing Editor of Goldscape.net. Originally from Melbourne, he has been a digital nomad since 2003, running a location independent business while travelling the world.

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