#Gold-Trading

[larrydpage-blog]

50 Years of Gold Trends with Global Impact

The last 50 years have witnessed significant trends and transformations in the gold market, shaped by economic, geopolitical, and social factors. Gold, often considered a timeless store of value and a safe-haven asset, has experienced fluctuations in demand, prices, and usage over this period. Exploring the key trends in the gold market from the early 1970s to the present provides valuable insights into the metal's enduring relevance and its evolving role in the global economy.

1. The End of the Gold Standard (1971):

One of the most pivotal moments in the gold market occurred in 1971 when President Richard Nixon announced the end of the gold standard. Prior to this, the U.S. dollar was pegged to a specific quantity of gold, and other currencies were pegged to the dollar. The abandonment of the gold standard marked a shift towards a fiat currency system, allowing currencies to float freely. This move increased the volatility of currency values and contributed to a new era for gold as an investment and hedge against economic uncertainty.

2. Gold as a Safe-Haven Asset (1970s-1980s):

The 1970s and early 1980s witnessed a surge in gold prices driven by economic turmoil, high inflation, and geopolitical tensions. Investors sought the safety of gold during periods of uncertainty, leading to a significant increase in demand. The peak of this trend occurred in 1980 when gold prices reached an all-time high of around $850 per ounce.

3. Volatility and the 1980s-1990s Consolidation:

Following the peak in 1980, gold prices experienced a prolonged period of consolidation and decline throughout the 1980s and early 1990s. Economic stability, declining inflation, and rising interest rates contributed to reduced demand for gold as a safe-haven asset. Prices remained relatively subdued during this period.

4. The Asian Financial Crisis (Late 1990s):

The late 1990s saw a resurgence in gold demand, particularly during the Asian financial crisis of 1997. Economic uncertainties in Asia prompted investors to turn to gold as a safe-haven asset, leading to a moderate increase in prices.

5. The Global Financial Crisis (2008):

The global financial crisis of 2008 marked another significant turning point for gold. As financial markets crumbled and confidence in traditional assets waned, gold once again emerged as a safe-haven asset. Investors sought refuge in gold, driving prices to new highs. In 2011, gold prices reached a historic peak, exceeding $1,900 per ounce.

6. Post-Crisis Stability and Moderation (2011-2019):

Following the peak in 2011, gold prices experienced a period of moderation and stability. Economic recovery, reduced fears of a global recession, and increased confidence in traditional financial assets contributed to a decline in gold prices. During this period, gold remained an essential component of diversified investment portfolios but without the extreme volatility witnessed in previous decades.

7. Resurgence in the 2020s:

The early 2020s brought a renewed interest in gold as the world grappled with the COVID-19 pandemic. Economic uncertainties, unprecedented fiscal and monetary measures, and concerns about inflation reignited demand for gold. In 2020, gold prices surged, reaching levels not seen since 2011.

8. Shifts in Central Bank Reserves:

Over the last 50 years, central banks have played a crucial role in gold trends. While some periods witnessed central banks selling gold to diversify reserves, recent years have seen a reversal of this trend. Central banks, particularly in emerging economies, have been accumulating gold as a strategic reserve asset, contributing to increased demand.

9. Technological Innovations in Gold Trading:

Advancements in technology have transformed the way gold is traded. The rise of electronic trading platforms and the development of financial products, such as gold exchange-traded funds (ETFs), have made gold more accessible to a broader range of investors.

10. Environmental and Social Concerns:

In recent years, there has been a growing emphasis on responsible and sustainable mining practices in the gold industry. Environmental and social considerations, such as the impact of mining on local communities and ecosystems, have become important factors for both investors and consumers.

The last 50 years have been characterized by dynamic shifts in the gold market, reflecting changes in economic conditions, geopolitical landscapes, and investor preferences. Gold has consistently demonstrated its resilience as a safe-haven asset, with periods of volatility and stability. As the global economy continues to evolve, gold is likely to remain a key player in investment portfolios and a symbol of enduring value. Understanding the historical trends provides a valuable context for anticipating future developments in the ever-evolving world of gold. Follow Daily Gold rates in Hyderabad, Vijayawada, Visakhapatnam, Chennai, Delhi & Mumbai on The Hans India.

[trainerjoshie]

Pokémon TCG E-Series Aquapolis (2003) Evolutionary illustrations by Naoyo Kimura ⭐️⭐️⭐️

[retrogamingblog2]

The artwork from these three Pokemon cards came from this larger scene illustrated by Naoyo Kimura  

[cryscendo]

Here, in the 11th hour, I've decided to go in a different direction. Something that's a little more out there, but much more me.

@giftober 2024 | day 3: gold

[nostalgiahime]

Pokemon Flyer (2001) [✩]

[elizaisdunn]

wotcher!

[princefleabitten]

I used Artfight to try out gold leafing (totally not for potential future dragon age fanart👀💕)

The characters are from @redgitanako @divorcedwife @/valanthaea and @saimincoatl

[bisthefairy]

The average Mario Kart character owns 35 shitty businesses

[thegreatyin]

scoundrel?? what scoundrel???? the magnificent mr cards (who ironically has more of a flower aesthetic going on) is completely unrelated to any "bandaged scoundrels" running around the neath. in fact it's never heard of the word scoundrel ever in its entire definitely long definitely ancient life. but yknow, hypothetically, if it did know the scoundrel, it's confident that they're really really really handsome and cool and epic and they're almost just as amazing as it is and you should totally donate all your valuables to them and stuff

aaand because i like them too much, have a transparent version. the Creachure. the Thing, even.

[foemancer]

The two survivors… This is what she made us.

Skyfall (2012) Dir. Sam Mendes

[black-salt-cage]

ଘ(੭*ˊᵕˋ)੭* ੈ♡‧₊˚

[trainerjoshie]

Pokémon TCG Neo Discovery (2001) Houndour illustration by Aya Kusube ⭐️⭐️

[electroniccollectiondonut]

the NPCs holding off on having their plot relevant conversation until I'm done selling 500lbs of tableware to the merchant:

[silvysartfulness]

I see Ea-Nasir is branching out...

[onlydrawnbad]

Do you ever read 570,000+ word, 130+ chapter fanfics that were started nearly 8 years ago and have current year updates, and as you get to the end of certain chapters along the way, you keep going "wow, I would have hated to be here in 201x and have to wait for THAT cliffhanger, those poor readers, those sad, desperate historical souls" and you're just so glad for yourself because you know you don't have to stop until chapter 139, and you arrogantly assume that's probably just extended epilogues or something (because you were previously conditioned by another fic to believe that), so everything will be fine?

Only to get to chapter 139 and SCREAM OUT LOUD because you jinxed yourself right into THE NEWEST WAVE OF CLIMATIC PLOT CHAPTERS WHERE ALL THE SHIT IS GOING DOWN and now you, too, have become the reader you felt such pity for?

Wait, you don't?

THEN GO OVER THERE AND DO WHAT I DID SO I DON'T HAVE TO BE ALONE IN MY HUBRIS. It comes with art. So. Much. Wonderful. Comic. Art.

I would like to stress (as I have done before) that I have never played this game. Not once. I had never even heard of it originally. Yet this is now the second absolutely massive Sans x reader/OC fic I have read in this fandom. Everything I know about Undertale, I learned because one day on a whim I decided to read a 480,000+ word, 170+ chapter fanfic because I liked the way @tricktster used words on some tumblr post (don't ask me which one, I've forgotten). I have re-read that fic at least once a year, if not more, for multiple years in a row because it's like a favorite book to me now.

If anyone needs me, I'll be comfort-reading it, again.

And then probably going back and re-reading JoAT, because oh my god that fic. I'm just so in love with it for a million reasons.

(Yes, it took me this long to see there was another glorious treasure in plain sight under @capnhanbers despite following @mod2amaryllis and it's just really embarrassing to be confronted by that kind of obliviousness, okay? Can I blame it on how, multiple times now over the years, I've gone months and months without looking at this app unless it notified me of something specific?)

I swear, I have never read fic in any other fandom where it was this easy to immerse myself in it with nothing more than some light googling along the way (the first time with CoBC), and the googling was just because I'm me and I like to know all the things. In both cases, you don't have to come to the table with anything other than an interest in supernatural-elements stories (monsters, magic, etc) and a love for snappy dialogue and funny (dad) jokes and HEART-WRENCHING FEELS and watching the author having a life journey in the notes.

(And yes, sure, an open mind about a skeleton monster and a human having magical sex, but if you know you're in a rated fic about monsters and humans, you must know that's going to be a thing.)

[raichustan]

Just some nostalgia 📸