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If the dollar begins to drop and the price of gold begins to rise versus the dollar, does the balance in my Holding move with the price of gold?
Yes, you own goldgrams in your Holding, so the purchasing power of your goldgrams rises or falls as gold's rate of exchange to various currencies moves up or down. See our Gold & Silver Market Prices for up-to-the-minute market quotes. Similarly, the price of silver you own rises and falls based on market fluctuations.
Related Questions
How does the rate of exchange between precious metals fluctuate?
Gold, silver, platinum and palladium are bought and sold throughout the world each day by ...
Do you pay interest on the currency balance in my Holding?
GoldMoney does not pay any interest on Holding balances held in national currencies.
What happens if I sign up for a GoldMoney Holding, and then move to a country whose residents are not eligible to open Holdings? Will my Holding be closed?
You will still be able to use your GoldMoney Holding to buy and store precious metals. However, we ...
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