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Below we explain some of the biggest influences responsible for the movements of gold prices. We also cover the main units used to weigh gold, like grams, ounces, and other international measurements.

For example, if silver prices are $25 per ounce, we could say that $1 is valued at 1/25th of an ounce of silver. If we convert that to grams, that’s about 1.13 grams on the US dollar. Silver was a ...

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