As people find it safer to invest in gold, many people have pulled out money from banks and bought Gold biscuts. They fear the recession would have a very bad effect on banks. When the demand of gold has increased its rate has too...
Because gold is a precious metal. Most precious metal's market values does not usually go down easily. It may go down a little bit somehow gold's market price tends to stabilize.
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As people find it safer to invest in gold, many people have pulled out money from banks and bought Gold biscuts. They fear the recession would have a very bad effect on banks. When the demand of gold has increased its rate has too...
better google :-)
Because people have stopped investing in real estate. So they have some money left over, which they use to buy gold!
More demand = higher price.
Hope it helps!
Because gold is a precious metal. Most precious metal's market values does not usually go down easily. It may go down a little bit somehow gold's market price tends to stabilize.
check your spelling brother..it's annoying to read your post..PEACE!!
Because gold can't be liquified and exported to other countries in bulk carriers!