FAZ: Why Is the Gold Price So High?

By  FAZ / December 05, 2023 / www.bullionvault.com / Article Link

LONDON, 5 December 2023 - Comment and data from BullionVault feature today in national German newspaper FAZ, reporting on yesterday's spike in gold prices.

"New all-time highs were reached in terms of all major currencies with the exception of the Swiss Franc," says FAZ, quoting BullionVault.

"However, if you take into account the loss of purchasing power of the Dollar over the years, gold has been more expensive in this sense in the past."

Read the full story (in German) in today's FAZ or online with a subscription here:

Warum Gold jetzt so teuer ist

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok