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'Article: Who and what sets the price of gold' Gold Theories

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Article: Who and what sets the price of gold

- Gold Theories

Article: Who and what sets the price of gold

Thank author of this post/commentIf you are going to ask an economist about who exactly sets the price of gold, they will most probably answer you with the generic answer: supply and demand. Which is correct, mind you. Like many other marketable goods, gold, as a rare metal, is priced depending on the abundance of it in the market, and how the consumers demand for it.

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