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The Gold Fix

The Gold Fix

During 2011 the gold price raised in value from $300 to almost $2000 per ounce. We can test out this theory by performing a little experiment. Let’s calculate the average price gains or losses we would have enjoyed if we had bought Gold at different times of the day from 2001 until the end of 2016. The first test is holding Gold for a period of 4 hours. On average, Gold fell by 0.01% from...

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