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In Africa, gold is often traded for a variety of goods and services, including cash, agricultural products, and artisanal tools. Additionally, it can be exchanged for electronics, machinery, and other commodities that support local economies. In some regions, gold is also bartered for basic necessities like food and clothing. The dynamics of these exchanges can vary significantly based on local markets and economic conditions.
What else can I help you with?
what are gld exchange traded funds?
Gold exchange traded funds tracks the price of gold they are also traded on major stock exchanges.
What was traded for gold in Africa?
salt
What was gold traded for in ancient Africa?
salt
Which were traded from Africa?
.Gold, ebony, ivory
Units in gold exchange traded is liable to wealth tax?
Not necessarily, depending upon what is exchanged. Only if the exchange of the "units of gold exchanged traded", is paralleled with an exchange that is equal and as well as, considered the risk value is comparable than that of the gold units exchanged.
What did west Africa trade thir abundnat gold for?
They traded their gold for salt
What African nation traded gold the most?
south Africa
What kind of trade items Timbuktu traded?
Well, Timbuktu mainly traded salt,gold and ivory...the gold was sometimes used for their currency, but merchants normally traded it for its rich value. Salt came from Northern Africa, in the Sahara and gold was found in Western Africa.
Where would gold deposits be found and where would they be traded?
Gold deposits would be found in the Nile river, and this would be traded in the middle of Africa. (:
What did columbian exchange do?
during the Columbian Exchange, four countries (Europe, Africa, Asia and the Americas) traded goods such as: Disease, tobacco, enslaved Africans, ideas, technology, weapons, gold silver, pigs, sheep, cattle chickens and horses.
The two most important products that were traded in West Africa were gold and?
Silver .
Metal in Africa that was traded for salt?
Actually, it was gold they traded for salt. The africans (believe it or not) valued salt more than gold. It could be used for flavoring and preserving foods.
