1. Describe one event in which Gold significantly changed in price. This price change should be described using the supply and demand model.

2. Did a change in demand or a change in supply cause the change in price?

3. Which variable in supply or demand caused the change in the market? Also provide details on why the gold is valuable and why people are willing to pay for it, where is it produced; and what factors impact the supply and demand for the commodity internationally

https://marion.ca.uky.edu/files/economics_basics.pdf

https://www.youtube.com/watch?v=g9aDizJpd_s