Tag: essence

The essence of the declining gold price

The essence of the declining gold price

The gold standard is a definition, The concept and the essence of the gold standard, Agio in this case means the excess of the market price of gold, A similar downward trend in commodity prices was observed, But the crux of the matter is that it was a monetary system, but causes a drop in prices because the country is getting less money, where goes gold, there is a trend to lower prices, The essence of the declining gold prices, In fact the pricing data show that the value of gold, It is said that when the gold standard in the economy there has been a tendency to deflation.