This question will be on my economics test tomorrow. What causes the price of gold or oil to drop? Don't think to hard, the answer should be pretty straight forward... :]Why do oil/gold prices drop (relating to financial investments)?
Supply and demand is the simple answer.
when supply is low and demand is high price goes up
when supplu is high and demand is low price goes down..Why do oil/gold prices drop (relating to financial investments)?
The simplest answer would be ';demand';.
There are other things.. dumping of commodity funds by investment firms or hedge funds.
lol im sorry,but u r beautiful
They drop when the dollar goes up because they are both commodities and all commodities are traded in dollars.
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