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Why You Should Focus on Gold’s Market Fundamentals, Not Spot Prices

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Have you been wondering if you missed the market for gold?

It’s easy to see why you might think that if you’ve only been watching spot gold prices these past few weeks.

But, if you really want to know where gold prices are headed, you have to look at the market fundamentals: seasonal shifts in supply and demand, interest rates, inflation, the stock market, the economy, and current political events at home and abroad. Only once you see the bigger picture for gold can you make educated decisions on when to get into the market.

So, what do the factors that influence gold prices suggest right now? Watch the video for expert analysis of gold’s market movers.

Speak with a Scottsdale Bullion & Coin advisor for recommendations for your specific diversification and growth goals. Call 1 (888) 812-9892.

Understanding the Gold Market: Spot Prices versus Price Drivers

Are you letting some short-term profit taking and consolidation in the gold market worry you? Because that’s all the recent pullback in gold prices is. And that’s the trouble with watching spot prices: they don’t help you understand why gold prices are rising or falling. Do you think all those smart investors who bought gold when it was $1,200 an ounce a couple years ago were making their decisions based on spot gold prices? Probably not. So, what did they know? The factors that influence gold prices. Gold’s price drivers. What are they? Watch to find out.

Learn more about the factors that influence gold prices here:
https://www.sbcgold.com/blog/10-factors-regularly-influence-gold-prices/