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Explaining the Correlation Between Gold Prices and the Weak Dollar In general, prices for gold tend to climb throughout times of weaker US dollar and decline during times of stronger currency. The US dollar’s decreasing worth can cause inflation since it makes buying the same amount of goods and services more expensive. Investors may…
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Category: Gold
Zimbabwe’s $100 Million Gold-Backed Digital Currency Plan: How Can it Help the Country?
Overview of Zimbabwe’s Financial Crisis Southern Africa’s landlocked nation of Zimbabwe is a sovereign state. Harare is the nation’s capital and largest metropolis. a nation with about 16 million inhabitants. Due to a confluence of causes including hyperinflation, currency devaluation, political unrest, and economic mismanagement, Zimbabwe has endured a severe financial crisis for many…
The Recent Gold Heist in Toronto Airport & How to Keep Your Gold Safe?
The Toronto Airport Gold Heist Airports serve as important locations for both the transportation of goods and passengers. Sometimes, the value of that cargo can be substantial. According to Canadian authorities, valuables, and gold totalling more than $20 million went missing on Monday, April 17. This is quite unusual. An extensive police investigation was…
Precious Metals: Answering the Most Commonly Asked Questions
What are precious metals and why do precious metals hold their value? Rare and expensive metals called precious metals are employed in investments, manufacturing, and ornamentation. Gold, silver, platinum, and palladium are the precious metals most widely recognized in the world. Since they are rare, possess special qualities, and they’re in high demand, precious…
How to Test Gold at Home with Sure-fire Methods & Tips
Why is Gold Testing Vital? One of the most prominent precious metals present is gold, and it’s also available in a variety of hues and designs. If you wear gold jewellery, it’s important to understand how to test it at home to verify if it’s genuine gold or not. Not that all gold is…
