Gold is considered a stable commodity and is often seen as a safe haven during times of uncertainty in the markets. Monetary and fiscal policy set by central banks and governments can impact gold prices. Other factors that can cause fluctuation in gold prices include changes in supply and demand, as well as the value of the US dollar.

Gold is historically tied to the US dollar and is, therefore, priced in USD globally, although the two asset prices tend to trend in opposite directions.

Learn more about trading in gold.

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