Here is this weeks pick of gold news for the week ending 3 April, 2020.
Gold Price (USD/OZ)
3 April 2020: $1612.00
Change from last week: -$9.82 (-0.60%)[View live gold price.]
Buy Gold Online
The complete guide on how to buy gold online.
Gold News Around The Web
Gold vs. Covid? Useless. Perfect. – [BullionVault]
Gold dealers report big shortages of bars, coins – [Business Times]
Gold to $3,000 by 2022? Sounds crazy, but it isn’t – [The Motley Fool]
Russia’s central bank to halt gold purchases in chaotic market – [Seeking Alpha]
Is gold mirroring 1999 to 2011 again? – [Yahoo! Finance]
Sold Out? Why buying gold suddenly got so hard – [Investing News]
Sale of old gold may surge after lockdown, say jewellers – [India Times]
Global Gold is precious metals company from Switzerland that offer a safe and convenient way of buying and selling gold, silver, platinum and palladium. All metals can be safely delivered or securely stored in high-security vaults of your choice in Switzerland, Singapore, Hong Kong, and New Zealand.
Gold-backed Crypto News
Retail investors can now use Paxos Gold as collateral against loans – [Coin Telegraph]
New tokens added to the list of gold-backed cryptocurrencies:
Goldzip (Gz) is issued and regulated by Chinese Gold and Silver Exchange (CGSE) in Hong Kong. Each Gz is equivalent to the delivery execution right of 1 mg gold.
Tether Gold (XAUt) is a gold-backed stable coin launched by the fiat-backed Tether.
BiGA Digital Gold is a project by İstanbul Settlement and Custody Bank Inc. (Takasbank) from Turkey, fully backed by physical gold reserves with the Borsa Istanbul. 1 BiGA = 1 gram of gold.
For the most convenient way to buy gold with bitcoin go to Vaultoro.