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Measuring global gold market liquidity
Liquidity measures the dollar value of turnover in a given asset class. It is an important consideration for investors seeking exposure to precious metals – and indeed any asset class. All other things being equal, an asset that has high liquidity is better than one with lower liquidity, for two related reasons. The first is that an asset with higher liquidity is easier to buy and sell than one with low liquidity. Secondly, an asset with high liquidity may be traded with a minimal impact on the price, relative to an asset with low liquidity. Many people are surprised to learn that physical gold is one of the most ... (full story)