Factors affecting the price of gold
Gold has always been known as “the barometer of fear.” When people are uncertain about the economy, they turn to gold and bid the daily gold price up. It is common to all that inflation and deflation are the two major factors affecting the gold prices; however, there are other fundamental as well as psychological factors that also move the daily gold price to a great extent. Read on to know some of the factors that affect the daily gold price value.