Question

Question

The price of gold is about 5 times greater than it was 10 years ago. Which of the following explains this increase? O A. The demand for gold has increased tremendously because of global uncertainty while the supply has not kept pace O B. This is a price bubble. People buy gold because they believe the price will keep increasing. O C. Many people have sold their gold jewelry and coins because of the high price of gold. All this selling activity has pushed up the price of gold. O D. Both A and B are possible explanations O E. All of the above may explain the increase in the price of gold.