Everything You Need to Know About Gold

Everything You Need to Know About Gold

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video explores the historical and modern perspectives on gold as an investment. It discusses the historical significance of gold, its role as a stable asset, and the changes in its investment value post-1970s. The video also covers how gold can be a part of an investment portfolio, the methods of purchasing gold through ETFs and coins, and the significance of Fort Knox. Additionally, it touches on the concept of stacking and the privacy benefits of owning physical gold.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common reason people might be skeptical about gold advertisements?

They often exaggerate the benefits of gold.

They are not visually appealing.

They are usually aired late at night.

They focus on historical events.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change occurred in the 1970s that affected gold's role as an investment?

Gold was discovered in new regions.

The US dollar was taken off the gold standard.

Gold became a legal tender worldwide.

Gold prices were fixed by the government.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might an investor consider holding a small percentage of gold in their portfolio?

Gold offers high dividends.

Gold is a rapidly appreciating asset.

Gold prices are always stable.

Gold behaves differently from other assets.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an ETF in the context of gold investment?

A government bond backed by gold reserves.

A fund that holds physical gold and trades like a stock.

A stock that represents a share in a gold mining company.

A type of physical gold coin.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most popular gold bullion coin in the world?

South African Krugerrand

Canadian Maple Leaf

American Eagle Gold

Australian Kangaroo

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do some people prefer to own physical gold rather than ETFs?

ETFs are not backed by real gold.

ETFs have higher transaction fees.

Physical gold is untraceable and private.

Physical gold is easier to sell.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key reason for the practice of 'stacking' precious metals?

To diversify investment portfolios.

To ensure ownership through physical possession.

To avoid paying taxes on investments.

To benefit from government incentives.