Factors that influence the price of gold, among others:
1. Changes in exchange rate U.S. dollar means weaker gold price rises, meaning dollar value fell to make the price of gold will be cheaper in other currencies are causing increased demand for gold. In general, the U.S. dollar fell and gold rose gold instead falling U.S. dollar rose.
2. World political situation that is worsening the political situation of a country affects the world gold prices rise as market participants tend to switch their investment and money market doves stock market to gold investment demand for gold is causing a sharp rise.
3. Request and Offer means any gold demand increases, the higher gold price and vice versa is less then the supply of gold demand also fell.
4. Interest rates means any interest rate cuts will result in increased gold demand because every decrease in interest rates affect the transfer of investments from money market investments shifted kepasar gold. Bias reduction in interest rates affect inflation increases with inflation increases, people tend to turn to gold because gold is considered as an antidote to inflation.
5. The economic situation means that a country's economic situation will get better will affect gold demand increased. The developing china and india the country which is rapidly making a second gold demand rose sharply this country because the average gold consumption will rise sharply. Jewelry consumption is very large between the two countries that affect the request of gold rose sharply, the consumption of china and india jewelry around 80 percent since the two countries have a culture of buying gold as an antidote to inflation and also as an investment.
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