rent a bull Factors Affecting Gold Prices

Gold is one of the most precious metals on Earth.Gold prices are rising today.In terms of investment, investors usually buy gold as an escape or safe haven for any politics, economy, currencySocial crisis.These crises include rising government bonds, falling investment markets, inflation, currency depreciation, social unrest and war.
Speculators also bought gold early in the bull market, aiming to sell gold before the bear market starts, trying to make a profit economically.Gold has historically been used as a means of payment.Many European countries implemented gold standards in the late nineteenth century until they were broken in the financial crisis involving the First World War.
In addition, gold continues to trade worldwideSpot price on the same day, by Superthe-counter gold-Trading markets around the world.There are many factors that affect the price of gold.Bank failures: when the dollar is fully converted into gold, both are treated as currencies.
Most people, however, prefer to carry paper money with them, rather than the slightly heavier, segmented gold coins.If people are worried that their banks will fail, the result may be a bank run.This is what happened in the United States during the 1930 Great Depression, causing President Roosevelt to implement a state of emergency and banning American citizens from owning gold.
[Low or negative real interest rates: if the return on bonds, stocks and real estate is not sufficient to cover risks and inflation, then demand for gold and other alternative investments, such as commodities, will increase.An example of this is the stagflation period that occurred in the 1970 s, resulting in an economic bubble in precious metals.War, invasion, plunder, and crisis: during the national crisis, there is concern that their assets may be confiscated and that the currency may become worthless.
They see gold as a reliable asset and will always buy food or transportation.Therefore, when it is very uncertain, especially when it is worried about the war, demand for gold will rise and eventually increase the price of gold