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Gold De
Gold Price Today
Understand the Gold Market
Gold is a precious metal that has been used for centuries as a form of currency and as a store of value. The price of gold fluctuates based on a number of factors, including supply and demand, interest rates, and economic conditions.
Historical Gold Prices
The price of gold has been on a steady upward trend in recent years, reaching an all-time high of over $2,000 per ounce in 2011. However, the price of gold has since fallen back somewhat, and is currently trading at around $1,200 per ounce.
Factors Affecting Gold Prices
There are a number of factors that can affect the price of gold, including:
- Supply and demand
- Interest rates
- Economic conditions
- Inflation
- Currency fluctuations
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