Live Gold Charts and Gold Spot Price from International Gold Markets, Prices from New York, London, Hong Kong and Sydney provided by Kitco.
Price of Gold Per Ounce | 24 Hour Spot Chart - KITCO
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Gold price is widely followed in financial markets around the world.
Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization.
(Kitco News) - Gold has fundamentally shifted from a speculative trade to a tier-one monetary asset following the global implementation of Basel III ‘Endgame’ banking rules earlier this year, setting the stage for a long-term move to $10,000 an ounce, according to Edward Dowd.
Dowd, a founding partner of Phinance Technologies and former BlackRock portfolio manager, told Kitco News that the ...
