gold price in the US
Date Submitted: 03/20/2004 15:27:55
Category: / Law & Government / Government & Politics
Length: 4 pages (1057 words)
Category: / Law & Government / Government & Politics
Length: 4 pages (1057 words)
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 …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
…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.
Need a custom written paper? Let our professional writers save your time.
Not a member yet?
