Sentences with phrase «fluctuating value of gold»
Digital graphics that illustrate the fluctuating value of gold in the global market seem an unnecessary intrusion on this otherwise organic exercise.
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Everyone measures value in dollars or other currency, but they fluctuate more than gold in the sense that they are printed and increased far more easily and quickly than the supply of gold, or silver for that matter, can be.
Gold is often viewed as a safe haven asset as it has preserved its value in real terms through hundreds of years of history, but this leads to its market price often becoming overly speculative at times when people are worried about inflation which can cause its spot price to fluctuate wildly.
Today, we use the system of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium of exchange for the supply and demand of goods and services in an economy, including precious metals like gold and silver, with the value of money allowed to fluctuate based on market forces.