Gold was traditional investment before modern financial markets. Gold prices rose from $1,025 to $1,625 per ounce in March 2020. Gold serves as portfolio diversification tool and inflation hedge
Gold prices have been consistently rising over 100 years. Gold serves as a store of value against inflation. Gold prices reflect economic uncertainty and volatility. Gold attracts long-term investors seeking portfolio diversification
Wholesale OTC market for gold, silver, platinum and palladium trading. Oversight by Bank of England through London Bullion Market Association (LBMA). Membership costs between £5,000 and £12,000 annually
Spot price is current market price for immediate delivery of gold. Gold prices fluctuate frequently, sometimes several times per minute. Gold is priced in U.S. dollars and can be bought/sold at various locations
Gold reached all-time high of $2,265 in April 2024. Inflation-adjusted high was still $3,300 in February 1980. Gold prices fluctuated dramatically over past century
Gold is a transition metal with atomic number 79 and symbol Au. It is extremely malleable, lustrous and ductile. Gold has been valued since ancient times as a safe-haven