Finally discovered!international gold quiz questions

International Gold Quiz Questions

1. Which country is the largest producer of gold in the world?

(a) China

(b) Australia

(c) South Africa

(d) United States

2. What is the name of the world’s largest gold depository?

Finally discovered!international gold quiz questions

(a) Bank of England

(b) Federal Reserve

(c) Fort Knox

(d) Swiss National Bank

3. Which ancient civilization is known for its extensive use of gold in jewelry and artifacts?

(a) Egypt

(b) Greece

(c) Rome

(d) Inca

4. What is the chemical symbol for gold?

(a) Au

(b) Ag

(c) Cu

(d) Fe

5. What is the purity of 24-karat gold?

(a) 99.5%

(b) 99.9%

(c) 100%

(d) 98%

6. Which of the following is NOT a use for gold?

(a) Jewelry

(b) Currency

(c) Electronics

(d) Medicine

7. What is the name of the global benchmark for gold prices?

(a) Gold Fix

(b) Gold Spot

(c) Gold Standard

(d) Gold Market

8. Which country was the first to adopt a gold standard?

(a) United Kingdom

(b) United States

(c) France

(d) Germany

9. What is the term for the amount of gold held by a central bank or government?

(a) Gold reserves

(b) Gold holdings

(c) Gold bullion

(d) Gold stock

10. Which of the following is a major factor that influences the price of gold?

(a) Inflation

(b) Interest rates

(c) Economic uncertainty

(d) All of the above

Answer Key:

1. (a) China

2. (c) Fort Knox

3. (d) Inca

4. (a) Au

5. (c) 100%

6. (d) Medicine

7. (a) Gold Fix

8. (a) United Kingdom

9. (a) Gold reserves

10. (d) All of the above

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