The Price of Gold Rises on Favorable Indicators FinancialBuzz.com News Commentary NEW YORK, April 9, 2021 /PRNewswire/ -- The gold price grew to cross the USD 1,750 an ounce mark on Thursday on several indicators that the yellow metal is once again in demand as a safe haven asset. According to a report by Kitco, after a pause in central bank gold buying last year, there are signs that demand for gold grows as Hungary tripled its gold reserves. Hungary's central bank increased its gold reserves to 94.5 metric tons from 31.5 tons, citing "long-term national and economic policy strategy objectives." This marked one of the most significant central bank gold purchases in decades. Exploits Discovery Corp. (CSE: NFLD) (OTC: RNRRF), NovaGold Resources Inc. (NYSE: NG), McEwen Mining Inc. (NYSE: MUX), Equinox Gold Corp. (NYSE: EQX), Gold Fields Ltd. (NYSE: GFI)