Slide group dec 11
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Gold prices reached a new record high of $1,430.50 per ounce on December 7th. There are several reasons for the rising gold prices, including low trust in the dollar and euro, gold being seen as a safe investment during financial crises, and fears over inflation from money printing. When gold prices rise it affects many aspects of life and the global economy. Experts predict gold prices will continue rising in the future.
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New Year's Day is celebrated on January 1st as a holiday established in 1752 by the ancient Romans to encourage people to be healthier and leave the old year behind. People celebrate by gathering with food and wishes for a happy new year in homes, restaurants, and other public places worldwide. On New Year's Eve, many watch celebrations like the ball drop in New York's Times Square and countdown to midnight, screaming "Happy New Year!" and singing "Auld Lang Syne" to forget the past and look forward to the new year.
4. thus gold is a form of currency
Gold has historically been used as a form of currency and store of value. It was commonly used to back paper money before nations abandoned the gold standard in 1971. Today, fiat currencies are not backed by gold, so paper money has no intrinsic value. Gold offers protection against inflation, currency devaluations, and is considered a stable investment during economic crises due to its limited supply and enduring demand. For these reasons, gold remains an important asset for preserving wealth and hedging risks to one's financial security and should be part of everyone's household portfolio.
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Investing in gold is recommended for several reasons:
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2) It is considered a safe haven during times of geopolitical and financial instability, often outperforming other assets when confidence in governments is low.
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Gold prices reached a new record high of $1,430.50 per ounce on December 7th. Gold is considered a precious metal and has been used as a monetary standard for transactions for centuries. Rising gold prices draw attention because gold impacts many aspects of life. Trust in the dollar and euro is low, causing people to see gold as a safer investment during financial crises. Higher economic growth also increases demand for gold. A rising gold price affects people's investments and purchasing power. Experts predict gold prices will continue rising in the future.
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Gold prices reached a new record high of $1,430.50 per ounce on December 7th. Gold is considered a precious metal and has been used as a monetary standard for transactions for centuries. Rising gold prices draw attention because gold impacts many aspects of life. Trust in the dollar and euro is low, causing people to see gold as a safer investment during financial crises. Higher economic growth also increases demand for gold. A rising gold price affects people's investments and purchasing power. Experts predict gold prices will continue rising in the future.
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Dahiya2Value of Gold (-2 late submission)(-4.1) .docx
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Value of Gold
(-2 late submission)(-4.1) = 13.9/20
Content
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Value of Gold
Gold has been used to produce lasting currency, jewelry, sculptures, testaments, statues and for decoration since antiquity (Mark par.1). Gold has also been used historically as a sign of immortality, wealth and power. Anciently, gold being malleable and ductile had many applications in the society. It could be cold hammered into wafers and drawn into thin wires to produce ornamental body wares. Its unique color and natural gloss was in early times equated it with the sun. Gold is hardly affected by harsh treatment and thus its incorruptibility made it to be used as sign of permanence. Rulers and royal families wore gold regalia as a sign of wealth and power. Gold’s versatility, rarity, uniqueness, aesthetics and popularity explain why the metal of gold holds more monetary value than most other metals since 1300 AD to date. [specific culture still missing here -- ancient Mesopotamian Sumerian culture, whichever other culture you add, then also include one from around 1300AD/CE.]]
Gold has served as a status symbol since antiquity and more so among the royals in Mesopotamia. In Mesopotamia, members of the royal clan of Ur were buried with their gold jewelry like the Queen Puabi’s skeleton reveled at the royal cemetery located at Ur. Queen Puabi was buried with headwear and necklace with golden beads (Oakes 20). These lavish tombs of Ur used by the royals are regarded as the one of the most important ancient findings about the study of ancient Mesopotamian jewelry. The king had more power than the queen and this was reflected on the gold they used to wear (Oakes 20). [[this source is not listed on the works cited, thus its validity not known.]] The Ur cemetery has a lot of gold which can be used the various types of gold objects as well as their uses (Oakes 20).
The versatility of gold makes it have numerous applications. Traditionally, malleability, ductility and resilience of gold made it possible to make helmets, necklaces, earrings, cups, garlands and delicate chains out of gold. Gold had and still has numerous classifications and qualities. [intro needed – who is Levey – introduce person] Levey classifies gold under “green gold, fine gold, white gold, red gold, superfine gold and refined gold” grades in increasing order of value (31-36).[[instead specific page this quote is from]] These names defined the purity of gold for official uses. The fully refined gold was the most valuable and most precious often associated with the wealthy and royalty (Levey 31-36).[[specific page this quote is from]] Sumerian jewelry in Mesopotamia served virtually all the functions of gold which were to occur in the course of time. As a matter of fact, Sumerians had more types of jewelry than there are today according to Guido Greg.
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Getting the highest price after selling your investment like gold and get instant cash with cashfor gold and silverkings in Delhi NCR. We will tell you why you should contact a gold buyer at doorstep so that they can purchase your gold at the highest price. Maybe also tell you the most accurate and correct procedures that will make sure that your profit is the highest. We will tell you the name of the best gold buyer that you can call on +91 9999821702 at your doorstep whenever you want.
Increase in gold prices has given a fresh opportunity to the investors
Increase in gold prices has given a fresh opportunity to the investorsUnitedworld School Of Business
- Gold prices have increased, providing new investment opportunities. Investors buy gold as a hedge against economic, political, or currency crises.
- There are various vehicles for investing in gold, including bars, coins, exchange-traded funds, certificates, accounts in gold, and investing in gold mining companies.
- Factors that influence gold prices include supply and demand, actions of central banks, interest rates, and as a hedge against financial stress.“A COMPARATIVE ANALYSIS BETWEEN TRADITIONAL & NONTRADITIONAL INVESTMENT IN GO...
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留信网认证的作用:
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2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
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对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
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Slide group dec 11
- 1. ROCKET OF GOLD PRICE As of Dec 7, world gold price reached a new record high price of $1,430.50 an ounce compared to … of … and will rise next week, a survey found. But how come the situation happened? Let’s check it out
- 2. I. Definition of gold As looked up in the dictionary, gold is a soft, yellow, corrosion-resistant element, the most malleable and ductile metal, occurring in veins and alluvial deposits and recovered by mining or by panning or sluicing. A good thermal and electrical conductor, gold is generally alloyed to increase its strength, and it is used as an international monetary standard, in jewelry, for decoration, and as a plated coating on a wide variety of electrical and mechanical components
- 3. Because gold is considered as one of solid and precious elements, it’s been used to be an at par exchanger in transactions since the ancient times. Today, it has become one of people’s way of saving. That’s why every single change in gold price always draws people’s attention since it affects many other aspects in life.
- 4. II. Reasons why gold price is rising Trust in both dollar and euro is low (More explanations about this matter are needed) People rush to sell gold in the holiday season for buying presents of jewelry Gold = safe place in times of inflation and financial crisis (More explanations is needed)
- 5. Considered as an alternative monetary assets today Printing money = fears of the people over the paper currencies switching to more tangible assets Economic growth = Demand for gold
- 6. III. Effects of rising gold price on life
- 7. IV. Solutions for the situation
- 8. IV. Will it be higher in the future / prediction