The U.S. decline in gold exploration reflects an overall worldwide reduction in explorations expenditures, which fell by 22 percent in 2001.
The average price for a troy ounce of gold in 2001 was $271.04
I believe so due to the rising gold prices may be because of too much demand of gold
As with any other commodity, price is determined by supply and demand. Gold has a relatively low supply with high demand, which causes the price to rise.
$1.00 They are golden colored metal, but they are not gold.
Because it's rare and in high demand.
Depends on the weight of the gold. Gold is in high demand, 24 caret gold right now is roughly about $40.56 a gram
As of August 4, 2014 the price for one gram of 9k gold is 15.53. The prices of gold do change often due to demand and the economy.
As of August 12, 12014 the estimated value of 8 grams of 10k gold is 141.00. The prices of gold fluctuate with the economy and demand.
The prive of silver id droppig because the demand for gold is much higher. People now a days are more interested in gold, making gold more expensive and silvwer less expensive. It's the principle of supply and demand. When the supply of something[ in this case silver] becomes higher the demand[ the price] is lower. Marie-Claire
The price of gold is set by the market place, following the economy law of supply and demand. To find out what the current price is, choose from the links below.
As of July 2, 2014, 1 kilogram of gold costs approximately $42,676. The value of gold fluctuates constantly based on market demand throughout the day.
As of July 2, 2014, 1 kilogram of gold costs approximately $42,676. The value of gold fluctuates constantly based on market demand throughout the day.