One of the oldest investments is gold. It continues to be alluring to investors because of its beauty and safety as a security. It often rises in value whenever money is depreciating, although it also drops in value temporarily according to its own rule. Factors that influence gold price include supply, current demand, and the state of industries that consume gold. Blow past the confusion by accessing an accurate gold price chart.
On one hand, people consume less gold as security whenever there are more attractive assets that promise dividends. On the other hand, gold is frequently hoarded by governments while it is cheap, and a booming economy also means that electronics and jewelry are being bought by consumers. The price is always fluctuating, but its long term trend is always up because there is always demand. It keeps pace with inflation and so is a great hedge for many investors.