Gold

[Anonymous]

I'm thankful to all the concerned for their valuable contributions and my special regards for the teachers involved. Again I'd like to ask, " How gold price is controlled & on what basis ? What makes the price fall and rise ? Is the price same all over the world ? What impact it makes on currency ?

 

[RonBee]

The price of gold fluctuates depending on supply and demand. (Mostly demand.) The price tends to be pretty much the same the world over, since the gold market is a world market.

 

[Red5]

Arun, if you register with the forum you will get a much better service and many additional features will become available to you, such as members forums and private messaging. ;-)

 

[RonBee]

What do you think of my answer?

Let's discuss gold futures, eh?

:wink: