What Are The Factors That Affect Gold Prices?

Being one of the world’s widely traded commodities, gold prices can largely fluctuate based on several factors.

• Question 01

  What is one of the key factors affecting gold prices?

  Your Answer

  • A.Currency exchange rates

  • B.Mining technology advancements

  • C.Supply and demand

  • D.Stock market performance

• Question 01

  What is gold often perceived as during periods of high inflation?

  Your Answer

  • A.A risky investment

  • B.A hedge against inflation

  • C.A volatile asset

  • D.A speculative commodity

• Question 01

  What are some forms of uncertainty that can affect the gold market?

  Your Answer

  • A.Currency stability and interest rates

  • B.Political instability and trade tensions

  • C.Economic growth and technological advancements

  • D.Natural disasters and pandemics

• Question 01

  Which factor can cause a decrease in the price of gold?

  Your Answer

  • A.High demand from the tech industry

  • B.Low inflation rates

  • C.Increased central bank buying activity

  • D.Decreased mining output

• Question 01

  How do central banks affect the supply of gold in the market?

  Your Answer

  • A.By selling gold reserves

  • B.By increasing mining output

  • C.By decreasing interest rates

  • D.By promoting jewelry demand

• Question 01

  How do economic growth and technological advancements impact gold prices?

  Your Answer

  • A.They lead to a decrease in gold prices

  • B.They increase demand for gold

  • C.They have no impact on gold prices

  • D.They stabilize gold prices

• Question 01

  Which one of the following is not a factor that can influence gold prices?

  Your Answer

  • A.Inflation

  • B.Supply & Demand

  • C.Market Uncertainty

  • D.Weather Forecast