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Commodities Briefing - Categorized | Bullion/Gold, Price Watch, Research more

Who does control gold price?

Posted on 09 December 2011

For centuries, Gold has been looked as a commodity and a currency. When considering purchasing gold, it is important to make certain that you know what kind of purchase and investment you are making. Gold just like any commodity is subject to daily price fluctuations.
One of the first questions asked when considering purchasing gold is who controls the price? This question is often asked because gold is presented as being a stable and sound investment in a turbulent economic downturn. Despite its appeal, gold still operates on a market scale and abides by the supply and demand of the companies and organizations that produce it………………………………………..Full Article: Source


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VRS - who has written 34721 posts on Opalesque Commodities Briefing.


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