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2. File:Gold Spot Price per Gram from Jan 1971 to Jan 2012.svg

   en.wikipedia.org/wiki/File:Gold_Spot_Price_per...

   Description. Gold Spot Price per Gram from Jan 1971 to Jan 2012.svg. English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com.

3. Gold as an investment - Wikipedia

   en.wikipedia.org/wiki/Gold_as_an_investment

   For example, a 10% fall in the gold price to $540 per troy ounce ($17/g) will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price. To reduce this volatility, some gold mining companies hedge the gold price up to 18 months in advance. This provides the mining ...

4. London Bullion Market Association - Wikipedia

   en.wikipedia.org/wiki/London_Bullion_Market...

   According to this data, amount of gold and silver physically held in London vaults is currently more than 7,700 tonnes of gold and 33,700 tonnes of silver. [6] The gold alone is valued in excess of $330 billion, more than the reported value of the metal held in Fort Knox, Kentucky and second only to the entire holdings of the US Government. [7]

5. The price of gold is at a record high. Here's why

   www.aol.com/news/price-gold-record-high-heres...

   WYATTE GRANTHAM-PHILIPS. August 21, 2024 at 11:18 AM. NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514 ...

6. London bullion market - Wikipedia

   en.wikipedia.org/wiki/London_bullion_market

   The total quantity of unallocated gold is estimated to be 15,000 tonnes at the end of 2008 [6] which supports the 2,134 tonnes on average of spot gold trade through London every day representing 14.2% of the pool. This compares to average daily turnover in UK equities of between 0.34% and 0.63% for the 12 months ending September 2009. [6]

7. Investors should 'go for gold' as Fed rate cut looms, Goldman ...

   www.aol.com/finance/investors-gold-fed-rate-cut...

   September 3, 2024 at 6:26 PM. Investors should "go for gold" as the precious metal's stellar run isn't over, Goldman Sachs analysts said in a research note. On Tuesday, gold futures (GC=F) hovered ...