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  2. The price of gold is at a record high. Here's why

    www.aol.com/news/price-gold-record-high-heres...

    The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...

  3. Why are gold prices hitting record highs?

    www.aol.com/why-gold-prices-hitting-record...

    October 18, 2024 at 3:18 PM. The price of gold climbed to an all-time high on Friday as uncertainty about conflict in the Middle East and the U.S. presidential election sent investors in search of ...

  4. 3 reasons why surging gold prices will climb another 8% by ...

    www.aol.com/3-reasons-why-surging-gold-133212389...

    Getty Images; Alyssa Powell/BI. Goldman Sachs projects the price of gold will climb 8% to $3,000 an ounce by the end of 2025. They cite central bank buying, Fed rate cuts, and continued safe-haven ...

  5. Nixon shock - Wikipedia

    en.wikipedia.org/wiki/Nixon_shock

    v. t. e. The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation ...

  6. Gold fixing - Wikipedia

    en.wikipedia.org/wiki/Gold_fixing

    The London Gold Fixing (or Gold Fix) [1] is the setting of the price of gold that takes place via a dedicated conference line. It was formerly held on the London premises of Nathan Mayer Rothschild & Sons by the members of The London Gold Market Fixing Ltd. The benchmark is determined twice each business day of the London bullion market (the ...

  7. HUI Gold Index - Wikipedia

    en.wikipedia.org/wiki/HUI_Gold_Index

    The HUI Index was developed with a base value of 200.00 as of March 15, 1996. The NYSE Arca Gold BUGS Index currently consists of 15 of the largest and most widely held public gold production companies. [3] Since bottoming in late 2000, HUI went on to be the top-performing US stock sector of the decade, rising by about 1600%.

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