.

Wednesday, February 12, 2020

Please help me pick one Research Paper Example | Topics and Well Written Essays - 500 words - 1

Please help me pick one - Research Paper Example It starts at its peak of $173 on 5th of October 2012 and by 2th of November the following month it’s at its lowest point of about $162.6.After 2nd of November the shares are gaining value to a stunning $166.3 by 6th of the same month. The same decline is shown by the trend line which indicates the average closing stock shares reducing from $172 on 5th October 2012 to about $163.5 on 6th of November. A different trend is exhibited for the United States Oil closing shares. Shares are stable as for 10 days with minimal fluctuations from 8th of October. This is after a rise from decline for previous days(shares are at 33.5 on 5th October).Between 18th and 24th of October, closing shares drop to about 31.7 from 34.1 after which they stabilize again though at about 31.7.Closing stocks hit their lowest value(about 31.3) on 2nd November after which it begins to gain value again. The value of Shares relates directly to value of gold/oil held by the Trust therefore fluctuations in gold/oil price materially affected investment in the Shares. The price of gold/oil fluctuated over these period. These were due to; Global gold/oil supply and demand, Purchases, sales, production and cost levels in key gold/oil-producing countries (i.e. South Africa, the United States and Australia for gold and Saudi Arabia, Iran and Nigeria for Oil),Investors’ anticipations with respect to inflation rate, Currency exchange rates, Rates of Interest, political, economic and financial instability worldwide The value of Shares relates directly to value of gold/oil held by the Trust therefore fluctuations in gold/oil price materially affected investment in the Shares. The price of gold/oil fluctuated over these period. These were due to; Global gold/oil supply and demand, Purchases, sales, production and cost levels in key gold/oil-producing countries (i.e. South Africa, the United States and Australia for gold and Saudi Arabia, Iran and

No comments:

Post a Comment