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Due to a large stock of gold, against its demand, it is argued that the core driver of the real price of gold is stock equilibrium rather than flow equilibrium. Effective portfolio diversifier .gold can be used as a portfolio diversifier to improve investments performance.
Demand and supply:
South Africa is the worlds largest gold producer, followed by the us and Australia. India is the world’s largest gold consumer with an annual demand of 800 tones
London is the biggest and the oldest gold market in the world.
Gold purity measured in terms of karat and fineness. Pure gold is defined as 24 karat...
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