Gold prices are a crucial indicator of economic health and market sentiment, constantly fluctuating due to global factors. Our comprehensive coverage tracks the...
Gold prices fluctuate due to supply and demand, economic data, inflation expectations, interest rates, currency strength, geopolitical events, and investor sentiment.
Global gold prices are primarily determined by the spot market, influenced by trading on major exchanges like the COMEX and the London Bullion Market Association (LBMA) fixings.
Gold is often considered a safe-haven asset, offering a hedge against inflation and economic uncertainty. Its suitability as an investment depends on individual financial goals and market conditions.
Spot gold refers to the current market price for immediate delivery, while gold futures are contracts to buy or sell gold at a predetermined price on a future date.