What factors primarily influence the price of gold?

Gold prices are primarily influenced by global economic stability, inflation rates, interest rates, U.S. dollar strength, geopolitical tensions, and supply and demand dynamics in the market.

Is gold considered a good investment during periods of high inflation?

Historically, gold is often viewed as a safe-haven asset and a hedge against inflation. Its value tends to rise when fiat currencies lose purchasing power, preserving wealth.

How often do gold prices typically change?

Gold prices fluctuate continuously throughout the trading day in global markets. Major shifts can occur rapidly in response to significant economic news, policy changes, or market sentiment.

Where can I find reliable current gold price information?

Reliable current gold price data can be found on major financial news websites, commodity exchanges, reputable precious metals dealers, and central bank reports, often quoted per ounce, gram, or kilo.