When it comes to investing in precious metals, gold, in particular, one must understand the key factors that influence pricing. Everything from mining production to the strength of currencies around the world can have impacts on the price of gold.
The following chart breaks down some of the key influencers. You’ll learn about the LBMA and the difference of spot pricing vs. future pricing. What’s the difference between investing in gold stocks and ETFs as opposed to bullion or gold coins? Find the answers below in this guide to gold pricing.