Gold Rate in the 1970s The main factors that contributed to the positive evolution during the 1970s are: a difficult economy for many countries characterized by high unemployment rates, high inflations, and low growth. Other reasons are the political ones like the war in Vietnam and the invasion of Afghanistan by the Soviet Union. We […]
Gold Spot
Gold Spot Definition The gold spot is that particular form of this precious metal traded on the spot market during a certain period of time between different specialized dealers. The spot market is a virtual place for bullion traders following the same set of rules and having one common interest, to trade this commodity called […]
Gold Spot Price
Gold Spot Price Formation The gold spot price is of interest for the traders and investors acting on the spot market. Therefore, it is in fact the price for the spot gold. As all the prices for all the commodities listed on the market, the gold spot price is also determined by supply and demand. […]
Spot Gold
Spot Gold Fixing The definition for the spot price is the following: the price at which a certain commodity is sold on the market at a specified time; therefore, the spot gold is the price at which this precious metal is sold at a certain time on the spot market. The spot gold is internationally […]
Live Gold Price
Live Gold Price Accessibility As the name of this article suggests, the live gold price is an instrument destined to everyone that wants to be updated in relation to the gold price. It is a gold chart containing accessible data for anyone thanks to a small thing called the Internet. The live gold price is […]