Gold News: 22 May, 2020

Gold Price: $1736.67. Gold prices rally to near eight-year high, a new record high is expected.

Gold and gold-backed cryptocurrency news for the week ending 22 May, 2020.

Gold Price (USD/OZ)

22 May 2020: $1736.67 [View live gold price.]

Change from last week: $0.36 (0.02%)

Gold News Around The Web

Growth at any cost under gold - [BullionVault]

Gold prices rally to near eight-year high - [Bangkok Post]

Gold: A new record high is expected – Credit Suisse - [FX Street]

Venezuela sues Bank of England for access to $1 billion in gold reserves - [Mining]

Stashing some gold? Here’s why that could soon be illegal, according to one notable hedge-fund bear - [Market Watch]

Four reasons gold is going to $US2000 - [Australian Financial Review]

'Extreme volatility' ahead for gold: Next 10 years to see 'never really imagined' price levels — Digix co-founder - [Kitco]

Australian mints experience huge surge in gold demand due to economic uncertainty from coronavirus - [Canberra Times]

UAE combats coronavirus: 'Dubai will remain the city of gold' - [Khaleej Times]

How the US government seized all citizens’ gold in 1930s - [The Conversation]

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Gold-backed Crypto News

News related to gold-backed cryptocurrencies:

Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One - [Coin Telegraph]

“Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way."”

What are gold-backed tokens and should you invest in tokenized gold? - [Bitcoin Market Journal]


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