Heritage is about the things from the past which
are valued enough today to save for tomorrow.

Mathematics, Economics and Business

Why is gold so precious?

 

ABC online education – ABC Splash

 

BEHIND THE NEWS:

The price of gold is usually given in another weight measurement called an ounce. One ounce is about 31g. The percentage change is the amount of change divided by the original amount.

If the price of gold in 2010 was $1225 per ounce and in 2016 it was $1620 per ounce, the amount of change is 1620 – 1225 = 395. The percentage change is 395 / 1225 x 100 = 32.2%. We can say the price of gold went up by 32.2%.

One ounce of gold was worth $279 in 2000 and $603 in 2006. Compared to today’s price, by what percentage has the value of gold increased?

Imagine that next year the gold price falls to $1320, what would be the percentage decrease from today’s price?


SharpsPixley.com | Live Gold Prices, Gold Charts and Gold Headlines

SharpsPixley.com aims to bring you the latest gold news, live gold prices and gold charts and will soon be an online shop for buying gold bars and gold coins.


Gold Silver Investment Simulation

Precious metals investment simulation. See how much physical gold and silver you can buy at today’s prices.

Forex Trading Simulator / Game – PipHut.com

Forex Signals, Analysis, and Community – since 2008 Forex Trading Simulator / Game Start Trading! Rules: You have 1 week to make as much money as possible! You can only have 1 open trade at a time Have fun! P.S. – All chart data is REAL 4h chart data for a major pair, randomly selected between 1999-2011!


Understand Your Gold Value

Percentage change – page 1

Mira made this table showing population data over two years for the six Australian states. Some data for South Australia is not shown.


Investigating Coins Lower Primary

 

FOR TEACHERS for students

Curriculum-linked unit of work, cross-curricular lesson ideas and accompanying activity sheets (see right-hand column), written for lower primary students, on the topic of Australian coins. Content is available in PDF format, and where applicable, accompanied by SMART Notebook files. In the early years of schooling, students begin to learn about money and financial mathematics by exploring Australian coins.


PERTH MINT STATISTICAL ANALYSIS

To record and print your responses go to: https://goo.gl/forms/8u6zx6w80dZ5yoFr2 For ststistical data link to: https://goo.gl/pDUAxr