Gold News: 15 May, 2020

Gold Price: $1736.31. Gold has a clear path towards $2,000+/oz, $3,000 price level could happen.

Gold and gold-backed cryptocurrency news for the week ending 15 May, 2020.

Gold Price (USD/OZ)

15 May 2020: $1736.31 [View live gold price.]

Change from last week: $16.89 (0.98%)

Gold News Around The Web

A good crisis for gold - [BullionVault]

“Do I hear $2000...$5000...even more? How about $2000, $5000 or even Jim Rickard's $50,000 as the next target for gold?”

Gold has a clear path towards $2,000+/oz –  TD Securities - [FX Street]

Gold, the sleeping giant: $3,000 price level could happen - [Kitco]

Gold price forecast – Prices could exceed $10,000 this decade - [FX Empire]

How to play the next big rally in gold - [Oilprice]

Gold is breaking out - Here's the trade - [The Street]

What makes Jim Rogers extremely bullish on gold & silver? - [India Times]

Central banks may be forced to sell gold; India at risk: Chris Wood - [Business Standard]

Australia to overtake China as world’s largest gold producer: Resources Monitor - [Australian Mining]

"Why I'm bullish on gold" - [Morningstar]

“VIDEO: As investors look for safety, Ned Naylor-Leyland, manager of the Merian Gold & Silver fund, is optimistic on the outlook for precious metals.”

Investors need gold as a security blanket - [South China Morning Post]

“A yellow metal that once embodied magical properties is still in demand today thanks to uncertainty and inflation fears arising from quantitative easing.”

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Gold-backed Crypto News

News related to gold-backed cryptocurrencies:

Celsius targets new users with tokenized gold and commodities - [Coin Telegraph]

“Alex Mashinsky revealed Celsius plans to list more tokenized commodities after launching support for Tether gold last week.”

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