GMT

💥About gold💥 ⭐️Gold is a precious metal. Contains emotional, cultural and financial value and people buy it for different reasons, from national socio-cultural factors, market conditions and broader macroeconomic factors. The history of gold is very linked to money, however, it abandoned this role in developed economies after World War II. ⭐️At the end of the war, the Bretton Woods monetary standard set fixed exchange rates. The system broke down in 1971 when the US shut down unilaterally the gold standard, which fixed the convertibility of gold and dollar at 35 per ounce. 💥Market structure and flows💥 ⭐️Understand the structure and flows of the global gold market in this set of infographics, detailing the sources of supply and demand for gold, with an indication of trading volumes and the scale and composition of the above-ground stocks. 🌐 Website: https://goldminings.net/ 🐦 Twitter: https://twitter.com/GoldMiningtoken