Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Is gold subject to inflation? [duplicate]
Gold isn't constant in value. If you look at the high price of $800 in January of 1980 and the low of $291 in 2001, you lost a lot of purchasing power, especially since money in 2001 was worth less than in 1980. People claim gold is a stable store of value but it isn't.