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 …
showed first 75 words of 1057 total

showed last 75 words of 1057 total
…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.