Is Gold Going to Rise Further?

Is Gold Going to Rise Further?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the performance of the gold market in May, highlighting the role of macroeconomic factors and investor demand in driving prices. It examines resistance levels at $1900 and $1960, and the impact of physical demand from India and China. The global chip shortage's effect on metals like platinum and palladium is analyzed, along with the potential of cryptocurrencies as an inflation hedge.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the rise in gold prices during May?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Fed's view on inflation impact gold prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the 1900 level for the gold market?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the physical demand from India and China affect the gold market?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do macroeconomic factors play in the gold market?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the global chip shortage have on the metals industry?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are cryptocurrencies being considered as an inflation hedge compared to gold?

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