Live Gold Prices – Several Charts to Review

Here you can find love gold prices and gold price charts. We put up two gold graphs because often it’s easier to read one on a phone. Gold prices often fluctuate widely in times of crisis or uncertainty use the historical gold prices and connect the changes in price to other events.

Keep an eye on inflation as well. Over the next few years this may be a driving force in gold prices.

 

Here you can find love gold prices and gold price charts. We put up two gold graphs because often it’s easier to read one on a phone.
We like the gold price chart below the best FYI.

 


 

 

 

Like most commodities, the price of gold is driven by supply and demand, including speculative demand. However, unlike most other commodities, saving and disposal play larger roles in affecting its price than its consumption. Most of the gold ever mined still exists in accessible form, such as bullion and mass-produced jewelry, with little value over its fine weight — so it is nearly as liquid as bullion, and can come back onto the gold market.

At the end of 2006, it was estimated that all the gold ever mined totalled 158,000 tonnes (156,000 long tons; 174,000 short tons). The investor Warren Buffett has said that the total amount of gold in the world that is above ground could fit into a cube with sides of just 20 metres (66 ft)  (which is roughly consistent with 158,000 tonnes based on a specific gravity of 19.3). However, estimates for the amount of gold that exists today vary significantly and some have suggested the cube could be a lot smaller or larger.

We put up two gold graphs because often it’s easier to read one on a phone.

Gold prices often fluctuate widely in times of crisis or uncertainty use the historical gold prices and connect the changes in price to other events.