If I believed commodity prices are rising because of robust economic growth and strong global aggregate demand, I might conclude that the commodity price increases were a net positive.

FORBES: After The Gold Rush -- Commodities Prices: Why So High?

The price of hotel rooms is very sensitive to the level of aggregate demand.

FORBES: Our Schizophrenic Fed

Accordingly, the level of aggregate demand (the transaction rate in the economy) does not directly affect the price of gold.

FORBES: Our Schizophrenic Fed

However, despite the price decline, Qualcomm could still benefit if the lower prices stimulate greater aggregate demand for smartphones.

FORBES: Qualcomm Stock Can Hit $48 Even With Handset Price Slide

In macroeconomics, aggregate demand is the total demand for final goods and services in the economy at a given time and price level.

FORBES: Impossible Things And Our Economic Recovery