Of course, gold could also move higher even with high interest rates, and it could move lower even during periods of ultra-low rates | Gold is traded all over the globe, and is most often transacted in U |
---|---|
Guaranteed by South African Mint• Guaranteed by The Royal Mint• On days when the dollar index is stronger, gold may be losing ground | Official US Gold Bullion Coin• This makes sense given the fact that an ounce of gold is the same whether it is bought in the U |
0016 xau 5 jod 0 | Because gold is typically denominated in U |
---|---|
The Current Value for the amount entered is shown | In addition, such QE programs also add to sovereign debt levels, potentially also making hard assets like gold more attractive |
Gold can, however, also be transacted in any other currency after appropriate exchange rates have been accounted for.
12