During which of the following economic periods is the price of a precious metal,such as gold,silver or platinum,likely to increase?

Name: During which of the following economic periods is the price of a precious metal,such as gold,silver or platinum,likely to increase?
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Question

Quizplus · Accepted Answer

During inflationary periods, the value of currency decreases, and the demand for precious metals increases. As a result, the price of precious metals tends to increase during inflationary periods.

During Which of the Following Economic Periods Is the Price