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Economics miscellaneous

  1. ‘Gold’ is mainly related to
    1. Local market
    2. National market
    3. International market
    4. Regional market
Correct Option: C

Gold is mainly related to the international market as of all the precious metals, it is the most popular as an investment. Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times. Gold price has shown a long term correlation with the price of crude oil.



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