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  2. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in the mine's profitability, and possibly a 20% increase in the share price. Furthermore, at higher prices, more ounces of gold become economically viable to mine, enabling companies to add to their production.

  3. File:Gold Spot Price per Gram from Jan 1971 to Jan 2012.svg

    en.wikipedia.org/wiki/File:Gold_Spot_Price_per...

    English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.

  4. 2000s commodities boom - Wikipedia

    en.wikipedia.org/wiki/2000s_commodities_boom

    Since 1968 the price of gold has ranged widely, from a high of $850/oz ($27,300/kg) on 21 January 1980, to a low of $252.90/oz ($8,131/kg) on 21 June 1999 (London Gold Fixing). [ 4 ] The analysis of this period is based on the work of Robert Solow and is rooted in macroeconomic theories of trade including the Mundell–Fleming model . [ 5 ]

  5. Gold set for brightest year since 2010 on rate cuts, safe ...

    www.aol.com/news/gold-track-best-over-decade...

    As one of the best-performing assets of 2024, bullion has gained more than 26% year-to-date, the biggest annual jump since 2010, and last scaled a record high of $2,790.15 on Oct. 31 after a ...

  6. Gold just saw its biggest yearly gain since 2010 — here's why ...

    www.aol.com/finance/gold-just-saw-biggest-yearly...

    Wall Street analysts expect gold's rally to keep going in 2025 after the precious metal saw its biggest annual jump in 14 years. On Thursday, gold futures jumped more than 1% to hover above $2,670 ...

  7. The Gold Standard Ended 50 Years Ago. Federal Debt Has Only ...

    www.aol.com/news/gold-standard-ended-50-years...

    This year marks the 50th anniversary of the end of the gold standard in the U.S. In August 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no ...

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