0
Let me explain by the example of a single man, Gold get stronger with weaker dollar price because A person keep its reserves in a $ or Gold, When $ get weaker than he want to get Gold in exchange of $ so demand for gold increases and its price goes high. And when $ get stronger then he again wants to get $ in exchnge 4 gold so the process reverses.
What else can I help you with?
How much is the seling price of a James Monroe one gold dollar?
One dollar, and it's made of brass, NOT gold.
Is the price of gold expected to keep rising?
The price of gold is expected to keep rising. This is because of the state of the economny, demand for gold, and the continuing decrease of the value of a dollar.
What causes the price of gold to fall?
The price of gold can be subject to fall do to demand of the product versus the availability of the product. Also the shape of the economy can drive the price of gold to drop if the dollar is actually worth more than face value.
What causes the price of gold per ounce to fluctuate so often?
The value of gold remains steady as the price of gold continues to fluctuate daily. This is because of today's ever changing economy. As the price of the US dollar (which is backed by the gold standard) changes in worth the price of gold also changes with it. The price is dependent on the price of the dollar, the economy, and the political climate.
What is the current price of gold dust in the market?
As of the writing of this answer (3July 2013, 09:43 EDT) the price of gold is $1,250.00. This rate has gone down and up about a dollar in the time it has taken to type this answer, That being said, this price is for pure gold. Gold dust is not pure. The price then will be determined by purity and amount.
Is gold stronger than iron?
Not at all. It is weaker
Why is the price of gold and silver decreasing?
The price of gold and silver is decreasing due to factors such as a stronger US dollar, rising interest rates, and reduced demand from investors.
Would it be a good you idea to invest in gold?
Yes gold would be a good investment. Due to the current economic situation the U.S. dollar is weak and getting weaker. However as the dollar depreciates the price of gold goes up.
How much does it cost to buy a gold dollar?
The price to purchase a gold dollar would be one dollar. The price of gold fluctuates constantly but a dollar is a dollar either way. To find the current price of gold one can check the stock prices where gold is listed.
How much is an Australian gold dollar worth in America?
Depends on the price of gold.
Is electrum stronger than iron?
No. Electrum is a mix of gold and silver, and is much softer (weaker) than iron.
How much is the seling price of a James Monroe one gold dollar?
One dollar, and it's made of brass, NOT gold.
How much is a gold dollar worth?
A gold dollar minted during the 19th century is worth about 150 to 50000 dollars depending on date, mintmark and condition. However if you're referring to any of the new "golden" dollar coins minted since 2000, they don't contain any gold at all - just brass. They're worth exactly $1.
Is the price of gold higher than the value of the dollar?
The price of gold is ever changing. The stock market for things like this can change from day to day. Gold is more valuable than simply a dollar. It also depends on the weight of the gold.
How much is an Australian dollar worth in America?
Depends on the price of gold.
Is the price of gold expected to keep rising?
The price of gold is expected to keep rising. This is because of the state of the economny, demand for gold, and the continuing decrease of the value of a dollar.
What does gold have to do with the US dollar?
America itself have a ton of gold locked up a dollar bill is not a dollar but a paper note (like a IOU) lets say if you added up all the US bill in the world together and have a made up number of 50 trillion dollar and if US has 50 trillion pound of gold than your dollor bill would be worth exactly 1 pound of gold in the vault, BUT you cannot go and take the gold out. on the back of the dollar bill it says "In God We Trust" which means that you trust God that America will safe keep your portion of the gold, the meaning of it is not exact but it reference to it. It also has other meaning such as God has favored the US. if more bills get printed the weaker the dollar bill gets and the more gold US has the stronger the dollar bill gets. Gold is the universal currency
