One of the most widely discussed metals is Gold and many people look at the news due to its outstanding role in both the investment and consumer world. Its value as a commodity has been increasing since the past decade. Even during the times of kings and kingdoms, the prosperity of that kingdom was directly [...]
Most of the world’s gold is refined in Switzerland and gold accounts for around 20% of Swiss exports. This close relationship to gold means that the CHF moves quite closely with gold. It is not a secret on the Forex market that the Swiss Franc is highly correlated with the gold price. In fact, according [...]
Precious metals have long been considered as stores of wealth for thousands of years. Prior to the advent of the fiat currency system, the world’s currencies were directly or indirectly pegged to gold. Some proponents of the latter system still believe that holding precious metals is better than holding currency. Investing money in silver and [...]
Gold has become popular over the past few years as foreign exchange traders seek sustainable investments that can protect against inflation, market instability and other geopolitical factors affecting currency prices. Traders can use gold as a means of protection against other investments or as a safe haven that provides stability over time and resists dramatic [...]
