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<a href="https://musing.io/q/groynes/why-gold-trades-very-consistently-every-year"><b>View this question on Musing.io</b></a>
author | groynes |
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<a href="https://musing.io/q/groynes/why-gold-trades-very-consistently-every-year">View this answer on Musing.io</a>
author | edb |
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category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["business","trade","commodity"],"appCategory":"business","appTitle":"Why gold trades very consistently every year?","appBody":"<p>The price of gold has been stable in some periods and volatile in other periods. When you look at the price over the last 50 years, what does it remind you of?</p>\n<p><img src=\"https://i.imgur.com/vH754TI.png\" /></p>\n<p>I'd say it looks like the price of Bitcoin from the first trades up to today. A bit more stable, but gold went up from $260 in 2001 to $1890 in 2011, then down again to $1070 in 2016.</p>\n<p><img src=\"https://i.imgur.com/aSADw9I.png\" /></p>\n<p><br></p>","appDepth":2,"appParentPermlink":"f3mejrxxp","appParentAuthor":"groynes","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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