Barrick Gold Corp. produced more of the precious metal with lower costs in the 4th quarter than the previous period as it met its fullyear gold guidance amid the global pandemic.
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5 Reasons Gold Prices Are Soaring
Gold closed above $2,000 an ounce for the first time this week, capping an explosive growth spurt that has blown past analysts’ projections.
Gold Price Forecast: You Just Won’t Believe Where Precious Metal Rate is Headed
Gold Price Forecast: Gold price has been rising continuously. Investors worried about safety of their money have invested heavily in it. While yellow metal rate has been climbing fast, it is all set to skyrocket! Cutting through the jargon are experts.
Government plan: Germans should get anonymous gold only up to 2000 euros
The Federal Government wants to drastically lower the upper limit for anonymous gold purchases: From 2020, precious metal traders should already control the personal details of the buyer and carry out a risk analysis for an amount of more than € 2,000.
Why is Gold so Precious Metal?
The basis for its preciousness is it’s nature itself. Gold is a difficult resource to find but not impossible. That makes it immensely valuable. It is easy to store, easy to transport, and also it is very useful in many modern applications.