Gold prices are influenced by various factors. As with any other product to play for the gold price supply and demand play a role. In addition, there are the latest developments in the economy and especially in the speculation that determine the price of gold. Other factors that have an impact on gold prices, the current dollar exchange rate and oil prices.

Where the gold prices are set?

In London, gold prices since the 18th will be Century set. Twice a day, will meet representatives of various banks. These conferences of decision-makers are held in London in a Rothschild bank. During these meetings, the gold price will be formally fixed. Since the value of gold is influenced by various factors, it is not constant but variable.