RSS SubscribeGold’s Purchasing Power: What One Ounce Buys Over Time
From Goldsilver
Gold recently hit a record $5,111 per ounce, driven by geopolitical uncertainty and concerns about dollar stability. For centuries, gold has played a unique role in the global economy. It’s been used as money, as a store of value, and as a hedge against uncertainty.
But one of the simplest — and most powerful — ways to understand gold’s value has nothing to do with charts, forecasts, or price targets.
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