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The history of gold’s value may be traced back to 30 BCE due to its value and usefulness as money. Value of Gold in the Roman Empire The value of gold has evolved since 30 BCE, when it first became valuable and used as money. From 31 BCE until 14 CE, Emperor Augustus of ancient…
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Category: Gold Price Canada
What is Gold Spot Price?
Despite how crucial the spot price is, many people are unclear on what it is and how it affects the price of gold. In fact, a lot of small businesses who purchase gold from private sellers think the spot price equals the cost of the most recent physical transaction or the current cost of…
Gold’s Importance During Diwali
Diwali is without a doubt one of the world’s largest festivals, celebrated by millions of people all around the world. This five-day festival is celebrated mainly in Hinduism, Sikhism, Jainism, and Newar Buddhism. Families and friends participate in this festival of lights to celebrate the triumph of good over evil and light over darkness….
A Country Within a Country
Let’s be blunt about it and not beat around the bush – Europe is in serious trouble. This is an issue for everyone around the world due to the global markets being heavily entangled with one another because of the rapid expansion of the derivatives market. Energy prices in the Eurozone are skyrocketing and citizens…
Gold Spot Price: Introduction & it’s determining factors
Gold spot price today are based on the published “bid” price, which is the most recent price at which buyers are ready to purchase. The cost of one troy ounce of gold on foreign exchanges serves as the basis for the spot price of gold. The trading activity in the futures markets serves as the…
