Gold is expensive – level 1

02-02-2026 07:00

Prices of gold go very high now. Many people buy gold because they feel afraid about the world. Prices of silver and platinum go up too. People think that gold is safe money.

Big banks in many countries buy more gold. They use the US dollar less. Problems between countries make people worry. These worries push people to choose gold.

Banks in the United States lower interest rates. Low rates make gold a good idea for many people. In hard times before, prices of gold go up, too. But now it happens very fast.

Difficult words: platinum (a special metal), push (to make something happen or move), interest rate (the extra money which you pay to the bank if you want to borrow money).

You can watch the original video in the Level 3 section.

How do fears about the world and lower U.S. interest rates influence people’s and banks’ decisions to buy more gold?

LEARN 3000 WORDS with NEWS IN LEVELS

News in Levels is designed to teach you 3000 words in English. Please follow the instructions
below.

How to improve your English with News in Levels: 

Test

  1. Do the test at Test Languages.
  2. Go to your level. Go to Level 1 if you know 1-1000 words. Go to Level 2 if you know 1000-2000 words. Go to Level 3 if you know 2000-3000 words.

Reading

  1. Read two news articles every day.
  2. Read the news articles from the day before and check if you remember all new words.

Listening

  1. Listen to the news from today and read the text at the same time.
  2. Listen to the news from today without reading the text.

Writing

  1. Answer the question under today’s news and write the answer in the comments.

Speaking

  1. Choose one person from our Conversation section.
  2. Talk with this person. You can answer questions from Speak in Levels.

 

Stock images by Depositphotos