Exploring the Gold Market: Factors affecting prices and trends

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Belgique Nouvelles Nouvelles

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This article will examine the main factors that determine gold’s worth and explain how they affect its frequently fluctuating price.

When gold is mined, it either rises or declines in scarcity, which affects its market value, depending on how much is bought and sold and how much is mined.

Small production adjustments are made every year, but significant changes in the worldwide supply are rare.Demand originates from four main sources: making jewellery, investing , purchasing from central banks, and technological and industrial uses.However, investment activity, influenced by macroeconomic and market considerations, frequently acts as a deciding element in the supply/demand dynamics.

Investors may experience a feeling of “fear of missing out” when the price of gold is strongly rising. Media outlets in the mainstream provide more pieces regarding gold’s growth when prices rise quickly. When the media shifts to being negative, selling pressure increases as investors hurry to lock in profits or cut losses. Beyond gold, this phenomenon is also prevalent in other assets.Due to its role as a safe haven asset, gold is particularly vulnerable to geopolitical tensions, economic crises, and other unsettling situations that increase investor apprehension.

 

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Belgique Dernières Nouvelles, Belgique Actualités

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