Gold is expensive – level 2

Gold is expensive

15-10-2025 07:00

When the world feels unsafe, people look for ways to protect their money. Right now, many investors buy gold. Its price is higher than ever before because there are wars, high prices, and problems with government debt.

Gold feels like a safe place for money when everything else is changing. Countries such as China and Japan also buy gold to make their money stronger. Central banks want to keep gold to stay safe if their economies have problems.

Even though gold is not very useful in factories, people still want it. It is important in many cultures, and people believe it will always keep its value.

Difficult words: investor (a person or company who puts money into something to make more money later), debt (money that you owe), value (how much something is worth).

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

What factors are mentioned as driving gold’s price to record highs?

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