Gold is costlier by historical standards for the world's two largest buyers, China and India, than for the United States and other countries.
As the chart of the week shows, the price of gold has risen to records in the Chinese yuan and Indian rupee after accounting for inflation.
In today's dollars, the price is still below the 1980 peak of more than US$2,500 an ounce.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1049524/chart-week-gold
No comments:
Post a Comment