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What determines the price of gold?
Rounding it up
Like most other commodities, supply and demand govern the price of gold for the most part.
The price is impacted by the amount of gold in the market, how quickly it's being mined, and the economic environment.
Gold serves as an excellent way to maintain value in an investment portfolio because of its relatively even value.
Dan Bucherer
Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.
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