digitalgoldcoin

The Gold-Silver Price Ratio Reaches Its Peak since 1991

In March 2020, the gold-silver price ratio grew to 95 – the highest level since 1991. This digit displays the number of silver ounces that are required to buy o...

Record Gold Reserves Accumulated by ETF funds

Gold ETFs reserves, whose shares are backed by the physical precious metal, increased to a record size during the month of February. According to the World Gold...

Will the World Run Out of Gold in 15 Years?

The latest annual report by the US Geological Service (USGC) revealed important changes in the global gold production patters. The report's key insight is that ...

The Coronavirus and the Demand for Gold in China

According to published data, the demand for gold in China has started decreasing in late 2019. The coronavirus outbreak can lead to an even stronger fall in the...

Goldman Sachs: Positive Outlook for the Gold Market

Jeff Curry, who is Goldman Sachs’s precious metals analyst, has recently spoken to Bloomberg regarding why the investment bank feels so positive about gold's sh...

The Perennial Link between Gold and Global Crises

Financial authorities and central banks seem to adopt a negative stance towards gold in their official statements. Nevertheless, gold demand from investors on v...

How the UK Influences Global Gold Prices

According to Eurostat, Great Britain imported 996 tons of gold in 2019. Most investors believe that the global price of gold is mostly shaped by the demand for ...

2,000 more GOLD tokens minted!

Digital Gold team is happy to report that 2KG of gold bullion have been purchased and added to previously available 9.2KG stored in secure vault storage located...

Physical or digital gold?

When a group of Chinese investigators entered the home of an official suspected of corruption, they couldn't believe their eyes. Upon hearing the expression “a ...

Stress comparison - Bitcoin VS Gold

Why are large investors and funds still so cautious about Bitcoin? At this time, no more than 1% of hedge funds have BTC in their portfolios. Sure, the lack of ...

Gold Provides Defense against Inflation in any Country

At this point in time, inflation remains very low in developed industrial countries. By contrast, in developing countries, the rate of inflation is high, thus m...

Drought in Australia to Affect Gold Output

According to BNN Bloomberg, the ongoing drought in some parts of Australia, owed to the lack of rain, represents a serious risk to gold production in the world'...

WGC: Global Gold Output Falls for the First Time since 2008

According to the World Gold Council, less gold was mined across the globe in 2019 compared to 2018. In China – the world's leading gold-mining country – the out...

What Was the Price of Gold in February in the Past Few Years?

In January 2020, the price of gold in the euro equivalent grew by 6%, once again confirming the fact that January was the most profitable month for gold investo...

What Is Driving The Gold Prices?

As we've noted in our previous posts, the price of gold has had a peculiar behavior during the 21st century. It keeps growing both during economic downturns, bu...

A Gold Price Prediction for 2020

Gold finished its 2018 run at around $1300 an ounce; by late August 2019, the price was already at its 6-year high of $1525, having grown by circa 20%. By the e...

Malaysia Suggests Using Gold as a Means of Payment in International Trade

During a recent Islamic financial conference, the Prime Minister of Malaysia once again suggested that participating countries should use gold in their internat...

US Exports of Gold Reached 32 Tons in September 2019

In September last year, the United States has exported 32 tons of gold to other countries, thus recording the highest figure for the past 11 months. According t...

Gold to Euro Grows by 22% in 2019

Over the course of 2019, the price of gold cited in euro grew by roughly 22%. The yellow metal is now traded at $1,515 an ounce, which corresponds 1,352 euros. ...

1200-Year Old Gold Coins Uncovered in Israel

Israeli archaeologists have recently discovered several ancient gold coins that are estimated to be as old as 1200 years. According to some estimates, they coul...