Gold is an asset that is known to be particularly volatile in that it is able to show very large price differentials over short periods of time. At the beginning of the 2000s and until 2011, we saw a real jump in prices for the precious yellow metal, which went from $ 250 to more than $ 1,900. However, it is the jewelery sector that generates the most gold demand each year and accounts for almost 80% of this demand.
But prices quickly fell again until they stabilized at between $ 1,200 and $ 1,300 an ounce. There are several explanations for this volatility and this ability of gold to show very large price differences and very marked background trends. On the other hand, the Best Forex Hosting is widely available at affordable prices.
By performing a fundamental historical analysis of the gold price, one realizes that different factors influence the direction of trends on this asset.
