By Ted Late Key highlights: In 1987, the US stock market crashed by more than 20% in a single day The underlying causes for the crash are still debatable What can we learn from 1987’s Black Monday in light of the recent market turmoil resulting from a negative macroeconomic and geopolitical landscape? Since it became apparent […]
Tag: Australia
By Ted Late The value of a gold bar depends on the current spot price of gold. At current market rates, one troy ounce of gold is worth $3,116. Meanwhile, a gold bar typically weighs roughly 32 troy ounces (2.2 lbs or 1 kg), which means that a single gold bar is worth approximately $100,179. […]
By Sophie Caldwell In Australia, digital payments have seen a transformation from conventional bank transactions to rapid mobile solutions. With the advent of cryptocurrency, the future of the online marketplace is heading towards decentralization rather than centralization. As both businesses and consumers then start paying attention to crypto’s benefits – shorter settlement periods and smaller […]