In fact, gold is typically viewed as a safe-haven asset and inflation hedge. The price of gold, like any other financial asset, is influenced by a complex interplay of supply and demand dynamics ...

What is the price of gold today? As of 9 a.m. ET, gold was trading at $2,773.72 per troy ounce. That price represents a change of -0.32% from the same time yesterday. Since the start of the year ...

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"Between 2008 and 2012, the value of gold increased dramatically, as is evidenced by the 101.1-percent surge in the Producer Price Index (PPI) for gold," the Bureau of Labor Statistics noted.

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but the value of the precious metal has been surging this year.Gold prices have broken record after record, rising more than 30% in 2024 while hitting an all-time high of $2,748.23 this week.Video ...

Gold prices have broken record after record, rising more than 30% in 2024 while hitting an all-time high of $2,748.23 this week. The Federal Reserve’s recent dramatic half-point interest rate ...