Category Archives: Gold

Turkey gold coin

Turkey to Bring Home All Physical Gold

We’ve seen Venezuela, Austria, Germany, Hungry, and the Netherlands all repatriate their physical gold lately. According to the latest Fed data, gold stored at the NY Fed has dropped to a record low of 7,819 tons. 15.5 tons withdrawn between Jan-Feb 2018 alone. And the gold keeps leaving. As of this morning we can add Turkey…

HelloGold.com logo overlay on digital gold bar wall

HelloGold Receives Series A Funding From 500 Startups

Malaysia-based Fintech Investment platform, HelloGold, has been successful in securing Series A funding. Established in 2015, HelloGold has also made a mark as one of Malaysia’s first Fintech companies, allowing users to purchase investment-grade gold for a fraction of a dollar. In March, the company were among the winners of Malaysia’s first Fintech awards, securing the nomination…

Golden CryptoCoins

Canamex and Other Miners Form Ethereum Blockchain Strategic Alliance

Canamex, Arizona, Guyana Goldstrike, Cabral Gold and Altamira Gold will work together on future crypto-token offerings which will help them to fund their various exploration and mining operations. More companies are looking to join the alliance, Canamex said. Canamex Gold Corp (CVE:CSQ) has formed an Ethereum Blockchain Strategic Alliance for gold and silver asset-backed crypto-tokens with…

perth bars and mint coins

Cryptocurrency backed by gold being developed by Perth Mint

Australia’s biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals. The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold. AUDIO: Perth Mint chief executive Richard Hayes talks about plans to develop a crypto-gold product (ABC News) The mint also plans…

Queen of England in Gold Vault

UK’s Royal Mint Launches Gold-Backed Cryptocurrency

The UK’s Royal Mint, the institution responsible for producing all the physical money the country has for circulation, has announced the launch of its own gold-backed cryptocurrency. The Blockchain-based coin, called Royal Mint Gold (RMG), is a digital representation of gold stored in The Royal Mint vault. The Royal Mint Bullion, the Royal Mint company that sells physical gold, is the…