1. To the nearest gram, what is the equivalent of one troy ounce?
2. What characteristics define a metal as precious? Tick the three answers that apply.
3. How often does the LBMA ‘fix’ the gold price?
4. What is the rate of VAT that is applied to silver in the UK?
5. What is the name of the fee that is charged on top of the live precious metals price?
6. How much rarer is platinum than gold?
7. Why is diversification useful?
8. What percentage purity is 24 karat gold?
9. What type of trend is a ‘bull market’ following?
10. Which is the rarest of these metals?
You must correctly answer all 10 questions to pass this assessment.
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Next Lesson
1. Past Performance of Gold
Let’s look back at the performance of gold through history, and how its price has tended to peak during times of crisis.
