Gold in First 2-Day Rally in Over 2 Weeks

Gold in First 2-Day Rally in Over 2 Weeks

Assessment

Interactive Video

Business

University

Hard

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The video discusses gold as an investment, focusing on its role as a currency play and its reaction to interest rate changes. It highlights the impact of the dollar's movement on gold prices and the influence of inflation as a hedge. The technical analysis of gold's trading range between $1200 and $1300 is explored, emphasizing the importance of support levels. The video concludes with a future outlook on gold's market behavior.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the change in interest rate expectations affect gold prices?

Gold prices remained constant.

Gold prices increased steadily.

Gold prices fluctuated within a range.

Gold prices decreased significantly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one classic reason for investing in gold?

To gain short-term profits

To avoid currency fluctuations

To diversify stock portfolios

As a hedge against inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent economic factor has contributed to optimism in the gold market?

Decrease in oil prices

Increase in wage growth

Rise in stock market

Drop in housing prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the $1200 level in gold trading?

It is the highest price gold has reached.

It is a critical support level.

It is the average price of gold.

It is the lowest price gold has reached.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential target for gold prices if they move above $1250?

$1100

$1200

$1300

$1400