What was the price of Gold in 1849?
I have always heard it was 17 dollars an oz. But things are 20 times more expensive today. An oz of gold then would buy you a nice suit. And today an oz of gold will buy you a nice suit.Although gold is up slightly but generally is a stable investment .the time to get into it has passed but if it ever goes back to 250 an oz get all you can . Gold will go up to 1000 an oz.
What is the price of gold in Dubai for 24k?
It changes everyday ..So better see it online on Google at http://goldratesdubai.com or dubai Product reviews, how-tos, deals and the latest tech news or http://khallejtimes.com or.many others
What is the price of AN ATOM of gold in USD ?
CHALLENGE ACCEPTED. The atomic weight of gold is 197.0, so : 1 Troy ounce of gold =31.108 grams / 197.0 grams per mole = 0.158 moles of gold A mole is 6.02 x 10^23 atoms of gold, so 1 troy ounce of gold = (6.02 x 10^23) x .158 = 9.5116 x 10^22 atoms of gold. Divide that by $1500 per troy ounce, and you get 6.3411 x 10^19 atoms of gold per dollar. That is 1.577 x 10^-20 dollars per atom. What do I win?
What is the price of 24k gold?
Today 24 karat gold price in India is 29,700 rupees per 10 grams.While, you cannot keep on asking today gold price each day on Quora use the below url to check gold price daily or do a simple google search and you should get hell lot of options.Gold Rate Today in India - GoldRateToday.com
What is the price of gold dust today, and where can I sell gold dust in Kaduna, Nigeria?
The price depends on the purity of the dust. I do not know of any buyer willing to come to Nigeria to close. You will almost certainly have to bring the gold to a refinery at your expense
What determines the price of gold?
India imports most of its gold. So, strings of prices are pulled by international market and duties levied by Govt. Since gold accounts for almost 6-7% percent of India's import profile and stands 2nd in the list of major Indian imports, its import and prices are under strict govt control. This helps in keeping a check on Current Account Deficit (CAD). Following factors are crucial for price determination of gold:1. Dollar Strength: If dollar strengthens, people would prefer to spend less on gold and keep their spendings intact. This reduces gold prices.2. Interest Rate: High interest rates will encourage people to save more and spend less on any commodity. Again, this reduces gold prices.3. Supply & Demand: Like every other commodity, gold also follows regular supply and demand curve.4. Import profile: Soaring gold imports increase CAD. Thus, govt increases import duties and taxes to keep imports under control. (Though it increases gold smuggling and that is another part of the story). More duties and taxes increase gold prices in market.5. Inflation: Increasing inflation will make your money vulnerable to depreciation. Investing your money in a stable commodity seems like a better option to many. In such times, demand of gold increases to its prise increases. That is why, gold is considered as safe heaven.6. Economic Crisis: Uncertainties caused by economic crisis drive people towards investing in gold, which again increase its prices. Will Gold continue to be as precious as it is now? Well, Opinions are divided:
Price in Gold in Bangladesh?
Gold price in Bangladesh is around Tk 21,100 a "Bhori" (if you know this measure). This is for the jewellery grade gold. I am appending below an interesting article appeared in the daily New Age, that would give you information besides the price of gold (about a year back): Gold to cross Tk 14,100 a tola Wednesday January 18 2006 08:47:51 AM BDT KAZI AZIZUL ISLAM With five-tier hikes in just three months, the price of gold is set to cross Tk 14,100 a tola (11.66 gram) in the local market from today, raising the price of the precious yellow metal by Tk 300 per unit at one go. The Bangladesh Jewellers’ Samity on Monday decided to raise the price of per gram of 22 carat gold to Tk 1,213 from Tk 1,186 and 21 carat to Tk 1,157 from Tk 1,132. The latest price hike will push up the price per tola of the fine grade 22 carat gold to 14,144 from Tk 13,829 and of much-used guinea gold (21 carat gold) to Tk 13,491 a tola from Tk 13,199, fixed on December 14. In November, price of 22 carat gold, was Tk 12,884, and the price of 21 carat gold was Tk 12,290 per tola while in October this year, the two grades of gold sold at 12,360 and Tk 11,800 respectively. In October 2004, guinea gold sold at Tk 9,700 a tola, up from Tk 8,800 of September 2003. ‘We are helpless. Just see the crazy uptrend in international market of gold,’ said a leader of Bangladesh Jewellers’ Samity. He said that if the present price trend continues in international markets, the price of gold in Bangladesh market will go up further. The price of gold, which was $460 an ounce a couple of months back, crossed $550 on Tuesday hitting a 26-year high. Global investors are increasingly putting their money in precious metals due to worries about inflation and geopolitical tensions, raising the gold price to its peak in two-and-half decades, analysts said. As in most other countries, gold prices in Bangladesh do not respond daily to the international price fluctuations. Local jewellers adjust the prices periodically to the global price trends. The association said Bangladesh has more than 10,000 jewellery shops. Some 1,200 of them are located in Dhaka and share the major portion of sales. Hope this helps.
The price of gold was $350 per ounce on December 31, and has dropped 20% since that time.?
$280
What is the price of a membership to gold's gym?
typically it ranges, depending on what location your at sometimes. the price ranges from approximately $25-$35 a month plus a membership enrollment fee. They also have a summer time 100 days or 3 months for a certain price to start and to try it out i guess you could say.