thepriceat whichgoldis beingtradedon thegoldmarket:Theannouncementthat the UK is toselloffhalfofitsgoldreserveswon'thelpthegoldprice.(Definition ofgold pricefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofgold price
gold priceBy 1967, gold production in the country had dropped to insignificance but was revived in the mid-1970s, when thegoldpricerose once more.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.From the 1920s, the town started to decline when external factors like the fallinggoldpricestarted to affect the mine.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.To reduce this volatility, some gold mining companies hedge thegoldpriceup to 18 months in advance.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thisgoldpriceincrease turned steep through 1972 and hit a high that year of over $70 (2.25 $/g).FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Conversely, share movements also amplify falls in thegoldprice.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.During the second quarter of 2011, thegoldpricehiked 22.69% and reached its highest price at $1907.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.As a result, thegoldpricesurprisingly held steady for a while.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.While thegoldpricehad reached its top, the global economy was declining.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.As a result,goldpricecan be closely correlated to central banks via the monetary policy decisions made by them related to interest rates.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Goldpricehas shown a long term correlation with the price of crude oil.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/gold-price##
