Greenwich Mean Time Definition & Meaning
Historically, astronomers used Greenwich Mean Astronomical Time (GMAT), in which the astronomical day began at noon at longitude (0°), in accord with scientific tradition. In 1925 GMT was adopted by astronomers so that the astronomical day began at midnight, the same time as the civil day. Some confusion in terminology resulted, though, and in 1928 […]
Gold Price Today Price Of Gold Spot Prices Chart & History
Silver bullion coins, bars, rounds, silver paper, silver ETFs, silver IRA, and silver futures, are great investments regardless of inflation. Money Metals Exchange's interactive silver price chart allows you to check the price data of silver today or historical silver prices dating back 20 years. It is also difficult to buy junk silver because there […]
Forex Market: Definition, How It Works, Types, Trading Risks
Using the same example as above, if you believe that the U.S. dollar will appreciate against the euro, you can sell the EUR/USD currency pair. If the exchange rate goes down to 1.1600, you can buy the currency pair and make a profit of 100 pips. This means investors aren't held to as strict standards or regulations […]
Net Exports: Definition, Examples, Formula, and Calculation
They may even present an opportunity to capture significant global market share. Companies that export spread business risk by diversifying into multiple markets. The most common foreign trade barriers are government policies that restrict, prevent, or impede the international exchange of goods and services. The greater the trade barriers, both at home and internationally, the […]