If Consumers Expect Gold Prices to Increase in the Future

Multiple Choice

If consumers expect gold prices to increase in the future:

A) they will reduce their gold purchases, causing the demand curve for gold to shift to the left.
B) they will reduce their gold purchases; however, the demand curve for gold will remain the same.
C) they will be willing to buy more gold now; however, the demand curve for gold will remain the same.
D) they will be willing to buy more gold now, causing the demand curve to shift to the right.