![Factors that affect gold prices](https://cdn.investorfocus.net/assets/Ly9jZ.jpg?eurl=Ly9jZG4uaW52ZXN0b3Jmb2N1cy5uZXQvY29udGVudC5nZXRzbWFydGluc2lnaHRzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMi8wOC9GYWN0b3JzdGhhdGFmZmVjdGdvbGRwcmljZXMtMzAweDMwMC5qcGc%3D)
Factors that affect gold prices
The price at which gold, as a metal, is traded in the gold market, is commonly referred to as the gold price, which is a significant indicator of any nation’s economy. For instance, when the prices skyrocket, it implies the economy is facing a downturn because of which people buy more gold to stay safe.
Read More