Understanding the Gold Market: Spot Prices versus Price Drivers

Опубликовано: 03 Сентябрь 2020
на канале: Scottsdale Bullion & Coin

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Are you letting some short-term profit taking and consolidation in the gold market worry you? Because that’s all the recent pullback in gold prices is. And that’s the trouble with watching spot prices: they don’t help you understand why gold prices are rising or falling. Do you think all those smart investors who bought gold when it was $1,200 an ounce a couple years ago were making their decisions based on spot gold prices? Probably not. So, what did they know? The factors that influence gold prices. Gold’s price drivers. What are they? Watch to find out.

Learn more about the factors that influence gold prices here:
https://www.sbcgold.com/blog/10-facto...