10 SURPRISING FACTS ABOUT GOLDBy: Patrick J. Kiger
 More Gold Rush AlaskaA few more reasons why this alluring metal is worth its weight and then some!
1: Historically, Its Worth Has Been Stable
Over the past decade, the value of gold has risen sharply, from about $279 per ounce in 2000 to around $1,300 per ounce in mid-2010. Yet for most of the previous two centuries, the per-ounce price was stable for extremely long stretches. From 1833 to 1918, for example, the price of gold never rose more than six cents from its initial price of $18.93 per ounce, and between 1933 and 1967 its price rose just 26 cents per ounce, despite dozens of inflationary crises and economic downturns. |
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