gold price in the US
Title: gold price in the US
Category: /Law & Government/Government & Politics
Details: Words: 1057 | Pages: 4 (approximately 235 words/page)
gold price in the US
Category: /Law & Government/Government & Politics
Details: Words: 1057 | Pages: 4 (approximately 235 words/page)
The largest demand for gold is in jewelry and investments. Gold is known as a
metal that is easily used and has many industrial applications. Since gold is so durable and
luxurious, many people invest in jewelry, stocks, and gold bonds. Considering the fact that
gold is considered a world-wide valuable good, many economies have gold reserves to
help protect themselves in times of need. Nevertheless, factors of supply and demand have
contributed to the
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one main reason why the price of gold commands attention especially since it is an
indicator of price stability and the possibility of inflation. Gold is also used as a
commodity, used in jewelry and by industry. It is important that details of supply and
demand do not affect the price its price. It is essential to keep in mind the different
outcomes the country may face from the mobility in the price of gold.