Choose one financial topic (i.e., Stocks, Bonds, US Economy, Oil, China Economy,

ID: 2734392 • Letter: C

Question

Choose one financial topic (i.e., Stocks, Bonds, US Economy, Oil, China Economy, Interest Rates, Foreign Currencies, Japan Economy, Precious Metals, European Economy, etc.) and answer the following questions: What is the history of your topic (include necessary references, charts, and numbers)? What is the latest forecast for the future (include necessary references, charts, and numbers)? What is the impact on Financial Managers? Provide a brief summary with key points highlighted. The summary should have at least 3 paragraphs and 300 words with cited references. Remember to use APA guidelines.

Explanation / Answer

What is the history of your topic (include necessary references, charts, and numbers)?

Ans) We are going to explain about Precious metals. Precious metal includes Gold, Silver, Platinum, Palladium and Titanium. So many countries are producing the precious metal like London, US and other countries also. The price of precious metal is determined by their demand and supply relation. India and China are top two consumers of gold and silver in the world. Silver price from past 5 years had high of $43.55 and lower of lower of $13.71 in 2015.

Within one year silver price are going to increase $20. At the present price of the silver is $17.31.

Year

17-Jun-12

17-Jun-13

17-Jun-14

17-Jun-15

17-Jun-16

Price

$43

$20

$21

$14

$17

What is the latest forecast for the future