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Gold in US Dollar - Today's Featured Chart

To get a real understanding for the value of gold, one has to measure it using different rulers. Looking at the the gold price in USD, we can see that it is quite a bit below its late February high of $1263.70. But if we instead choose to look at the price in New Zealand dollars, we can see that the price has held its ground much better. In the longer perspective, currencies tend to fluctuate wildly, governments can go bankrupt and the money of a nation can lose its value, while gold is a physical tangible asset independent from any nation or currency. Gold in US Dollar

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Gold in US Dollar

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