Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated | |
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On days when the dollar index is sharply lower, gold may be moving higher | On the other hand, if rates are very low, gold may potentially benefit as it keeps the opportunity cost of holding gold to a minimum |
Gold can, however, also be transacted in any other currency after appropriate exchange rates have been accounted for.
7NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings | The Current Value for the amount entered is shown |
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Gold is usually quoted by the ounce in U | Because gold is typically denominated in U |
Gold is traded all over the globe, and is most often transacted in U.
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