Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
60 views
in GK by (115k points)
closed by
Gold is mainly related to
1. Local market
2. National market
3. International market
4. Regional market

1 Answer

0 votes
by (114k points)
selected by
 
Best answer
Correct Answer - Option 3 : International market

The correct answer is International market.

  • Gold and other precious metals are mainly related to the international markets.

  • It has always been the most popular investment.
  • The gold market is global and it is traded continuously throughout time zones.
  • Gold's diverse trading centers around the globe are linked to market participants who drive the convergence of local gold prices through arbitrage activities.
  • The supply and demand for the buying and selling of gold and other major precious metal are considered a hedge against inflation as it is used to retain value during bouts of inflation.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...