As of Jan. 17, 2025, the spot gold value in the United States was trading at $2,707.45 per ounce, or $95.50 per gram. Is my gold real? How to tellSelling diamond jewelryFamiliarize yourself with the market value of diamonds (which have dramatically fallen in recent years), as well ...
The same ounce of gold still buys approximately 350 loaves of bread today. Across 2,500 years gold has in other words retained its purchasing power, relative to bread at least, and has had a real rate of return of zero.2 The first chapter considers the very long-term purchasing power (...