Gold prices refer to the market value of gold, typically measured per ounce. They fluctuate based on global economic conditions, geopolitical tensions, inflation, interest rates, and currency strength—especially the US dollar. Investors often view gold as a “safe haven” asset during uncertain times, which can drive prices higher. Central banks, jewelry demand, and supply from mining also influence its price. Gold is traded globally through exchanges and is a key component of many investment portfolios. Tracking gold prices is essential for investors, economists, and businesses alike, as it reflects broader economic stability and investor sentiment worldwide.
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