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Although this is a rare event, it occurs almost periodically now due to special circumstances and causes significant fluctuation in gold prices. Note that this decline does not last long, as the value of gold rises again until the Federal Reserve meets and the interest rate is raised or fixed in a cycle that will only end with the US Federal Reserve stopping raising interest rates or starting to reduce them to return to their usual rate.
This means that you need to know the dates of the US Federal Reserve Telegram Number Data meetings, as they are followed by a change in the value of gold and affect investment in it. There are also other local and global factors that affect the value of gold in different markets. The decline in the value of currencies sometimes prompts people to buy gold to preserve the value of their savings. This increases the demand for gold and may cause its value to rise, especially in countries that depend on imported gold in large proportions.You will need to follow international finance and business channels and popular websites in the field of economics such as Bloomberg, Forbes, etc. on a daily basis.
Finally, in general, the most important factors affecting the value of gold can be summarized in the following list: Supply and demand locally and globally. Decisions of the US Federal Reserve (especially regarding interest rates). Cost of extraction and production. US dollar price. The level of inflation locally and globally. It is preferable to monitor these factors periodically, as they have a strong and immediate impact on the value of gold. 8. Make sure you receive an invoice of an invoice, so do not fall into this trap. In general, do not accept to receive a price statement for any product you buy because it is not legally reliable when any problem occurs with the product.
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