Rocks become smoother as rough and jagged edges break off. Students run a model of this process by shaking sugar cubes and gravel together in a plastic container. The sugar cubes become smoother as their edges break off when they collide in the container.
By Diane Alter, Contributing Writer, Money Morning -. Gold prices today (Friday) climbed $18.90, or $1.66%, at $1,158.90, which was a six-week high for the precious metal. Gold prices today climbed after the release of the latest Federal Open Market Committee (FOMC) minutes.
The US government's official figures acknowledge that 1980's peak gold price was not the nominal $887.50 intraday high figure that those of us old enough to remember can recall from that era, but an estimated $1,459.63 US dollars.