Advanced Financial Union Ltd
Precious metals overview
Precious metals, such as gold and silver, have been traded for three hundred years as currency or commodities. These products are all traded at COMEX. The quote you see is the real-time market price. COMEX was formed in 1933 by the merger of four commodity exchanges: the National Metal Exchange, the Rubber Exchange of New York, and the National Raw Silk Exchange. ) and the New York Raw Hide Exchange. On August 3, 1994, COMEX merged with NYMEX (New York Mercantile Exchange) to form the current NYMEX, which is also the world's largest commodity exchange. Today, gold and silver trade frequently and are considered to be “safe and reliable” investment products. It has been highly regarded in history, and gold has risen during economic hardship or global economic plunder, because investors regard it as a “safe haven” for funds. If you look at long-term trends, you will find that gold prices are rising steadily. From the end of 2007 to 2008, gold surged as investors worried that the credit crunch triggered investors to seek safe investment for their funds. Gold continued to rise and rose to more than $1,900 per ounce in 2011. In addition to its own value, gold also acts as a safe asset, causing a significant increase in trading volume and a record high.

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