What factors primarily influence gold prices?

Gold prices are largely influenced by interest rates, inflation expectations, geopolitical stability, U.S. dollar strength, central bank policies, and global supply and demand dynamics.

Why is gold considered a safe-haven asset?

Gold is seen as a safe-haven because it tends to retain or increase its value during times of economic uncertainty, market volatility, or geopolitical crises, offering a reliable store of wealth.

How can individuals invest in the gold market?

Individuals can invest in gold through physical assets (coins, bars), gold exchange-traded funds (ETFs), gold mining stocks, or gold futures contracts.

What is the relationship between gold and the U.S. dollar?

Gold typically has an inverse relationship with the U.S. dollar. A stronger dollar makes gold more expensive for holders of other currencies, potentially dampening demand, and vice-versa.