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Gold Price Today

Gold Price Today

Understand the Gold Market

Gold is a precious metal that has been used for centuries as a form of currency and as a store of value. The price of gold fluctuates based on a number of factors, including supply and demand, interest rates, and economic conditions.

Historical Gold Prices

The price of gold has been on a steady upward trend in recent years, reaching an all-time high of over $2,000 per ounce in 2011. However, the price of gold has since fallen back somewhat, and is currently trading at around $1,200 per ounce.

Factors Affecting Gold Prices

There are a number of factors that can affect the price of gold, including:

  • Supply and demand
  • Interest rates
  • Economic conditions
  • Inflation
  • Currency fluctuations



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