Why do gold and petrol prices change so frequently




The daily modification in gold price is mainly due to various economic, political factors happening across the globe.

Why do gold rates fluctuate? Here are some reasons

Gold is possibly the most stable investment (in terms of survival), which is why every country has a gold reserve, managed by the central bank of such country. Any decisions taken by a central bank regarding their gold reserves can have an impact on the gold rate.

Gold, being a natural resource is available in only a few places and production of gold is limited to its availability.

International relations can play a major role in gold rates fluctuating. Gold is often considered as the crisis metal, having the ability to maintain its relevance even during wars and geopolitical crisis. If you want to generate good returns on your investment by trading commodities, a more opt suitable option would be you would opt for commodity trading account with a nationalized stock advisory and start trading in the base metal. Get the best technical and fundamental analysis in stock trading and commodity from experts like Khelo MCX, Bazaar Trading etc.
(Source: https://www.quora.com/Why-do-gold-and-petrol-prices-change-so-frequently)


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