DEVELOPMENTAL PSYCHOLOGY
INFANCY AND CHILDHOOD PHYSICAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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unparalleled
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steadily
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overprotective
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None of the above
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Detailed explanation-1: -After being released from government control, the price of gold soared, with its most staggering increase recorded January 14, 1980, when the price jumped to more than $800 an ounce.
Detailed explanation-2: -Fears of recession and rising interest rates led to a fall in stock prices in the developed world. At the same time, the fall of cryptocurrencies prompted investors to move toward safe haven. That spurred the demand for gold.
Detailed explanation-3: -With rising inflation and the risk of a recession looming, demand for gold has picked up. Gold returns are typically muted when economic conditions are strong and other asset classes are doing well. Last year, with the Federal Reserve hiking rates, the dollar remained strong. This capped the precious metal’s returns.