[ad_1]
Gold prices recently broke a record high due to developments in the world economy, which is struggling with the effects of the Corona epidemic. The evolution of the Corona virus epidemic also affected gold prices. The rapid rise in gold prices began to slow in recent days …
GOLD PRICES APRIL 20
Gold room: 616.40 pounds
Half gold: 1,232.30 Turkish lira
Gold gram: 374.33 Lira
Republic Ata Lira: 2,460.80 pounds
FACTORS AFFECTING THE GOLD PRICE
It is an investment tool used in gold production and for investment purposes, but it is also marketed in international markets. The factors that affect the price of gold are the factors that affect the supply and demand for gold. These are;
1- Industrial demand, especially for jewelry demand,
2- Gold mining costs of mining companies,
3- Geopolitical conditions of countries with high weights in the supply and demand of gold.
4- Prices of oil and other basic products,
5- Central bank gold buying and selling operations,
6- Central bank monetary policies,
7- Real interest rates,
Inflation rates,
9- Growth rates of world economies,
10- Hedging operations of gold producers,
11- The number of short and long positions in the futures markets where gold is traded,
12- Transactions for speculative purposes,
13- The value of the US dollar against other currencies.
[ad_2]
