![]() Gold price has shown a long term correlation with the price of crude oil. ![]() The gold market is subject to speculation as are other markets, especially through the use of futures contracts and derivatives. Investors generally buy gold as a hedge or harbor against economic, political, or social fiat currency crises (including investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest). Of all the precious metals, gold is the most popular as an investment.
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