ranjan

Gold has been considered valuable asset for us as long as human civilization has existed. It is a timeless currency and considered the ultimate safe-haven asset. The price of the metal soar in times of  economic difficulty or Geopolitical instability, when demand increases as Investors lose confidence in banks and higher risk investments. On the other hand, price often decrease in more stable times, when Investors' confidence and appetite for risk is much higher. Gold is used as a standard of value for currencies all over the world. The price of gold gets stated as a currency value, often in U.S. dollars and the price of Gold can fluctuate with market conditions. The Global Economic crash of 2008 is an excellent example of this. In the three years following Lehman Brothers. bankruptcy in September 2008, the price of Gold increased by 157% as the impact of bank's collapse was felt across the world. Looking at the historical movements of Gold price, taking into account the s