I'm thankful to all the concerned for their valuable contributions and my special regards for the teachers involved. Again I'd like to ask, " How gold price is controlled & on what basis ? What makes the price fall and rise ? Is the price same all over the world ? What impact it makes on currency ?
The price of gold fluctuates depending on supply and demand. (Mostly demand.) The price tends to be pretty much the same the world over, since the gold market is a world market.
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What do you think of my answer? :)
Let's discuss gold futures, eh?
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