What determines the price of gold?

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What determines the price of gold?

Rounding it up

  • Like most other commodities, supply and demand govern the price of gold for the most part.

  • The price is impacted by the amount of gold in the market, how quickly it's being mined, and the economic environment.

  • Gold serves as an excellent way to maintain value in an investment portfolio because of its relatively even value.

5 min read

Dan Bucherer
#investing#gold#precious metals#diversify investments

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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