What Creates The Price Of Gold Aside from Supply and Demand?
The value of gold depends on numerous factors from investor behavior to supply and demand. However, these are simple factors that are common for most commodities on the market, but following strictly them is counterintuitive and just not enough.
Some people state that gold is the best way to avoid inflation that affects the paper currency. Even though it has some common sense in this thought, as paper money loses value when you overprint it, the supply of gold is constant, and demand is rising as time goes by.
Today, you can find places for finding 1 oz gold coins for sale, because that way you will have secure ability to safeguard your wealth. You probably didn’t know that inflation is not the main factor that drives the price, it is the fear.
During the times of economic crisis, investors tend to flock from investing in certain commodities and …