Thursday 12 January 2012

What’s happening with gold prices?

http://www.numbersleuth.org/worlds-gold/

What’s happening with gold prices?

The trend since 1900 has been rising gold prices with occasional sharp volatility. See the table in question 2 for the history of gold prices from 1900 to the present. Here is a graph of gold prices over the last fifty years, which includes also gold prices adjusted for inflation:
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SOURCES: http://en.wikipedia.org/wiki/File:Gold_price_in_USD.png and http://minerals.usgs.gov/ds/2005/140/gold.pdf.
Here’s what’s happened with gold prices in the last decade:
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SOURCE: http://www.kitco.com.
Here’s what’s happened with gold in the last year (2011):
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SOURCE: http://www.kitco.com.



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