The value of gold is determined by different factors which include the status of the world market, the demand and supply of gold as well as the inflation.There is a slight difference between what the value of gold refers to and what the price of gold is; thus gold is seen in two different yet seemingly similar perspectives.When you buy gold, you are paying for the price of the gold. On the other hand, the value of gold is determined by the amount that an interested buyer will pay you in exchange for your gold.


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