How to Trade Gold
Gold is a rare precious metal that has many practical applications. It has been used throughout mankind's history as currency, jewelry and a store of value, among others. Owing to the fact that gold is closely linked with wealth, it enjoys a unique relationship with the financial markets.The Gold Standard, which was in effect for many years, backed the currencies of many countries around the world. By the time the Bretton Woods agreement was adopted in 1944, countries had fixed their currencies against the US dollar. Traders often turn to investment in Gold during times of volatile markets.The price of gold is made up of several important factors, including the following:
Gold Demand
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