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science Feb 04

The rise and fall (and rise again) of gold prices: What's going on?

AI-Generated from Phys.org - News And Articles On Science And Technology

1. What was the peak price of gold in late January?

A US $4,500

B US $5,500

C US $6,500

D US $7,500

2. On which date did the gold price experience one of the largest one-day falls?

A January 29

B January 30

C January 31

D February 1

3. By what percentage did the gold price sink after hitting a record high?

A 5%

B 10%

C 15%

D 20%

4. What was the approximate value of the gold price in British pounds at its peak?

A £3,025

B £4,025

C £5,025

D £6,025

5. How much did the gold price fall on the day of the largest drop?

A 5%

B 7%

C 10%

D 12%