Gold is recognized all over the world for its investment value as well as for its use in jewelry making. As a global market, gold prices can be affected by a host of factors. Some of the major potential drivers of live gold prices include:

• Interest rates and monetary policy
• Geopolitics and risk appetite
• Currency markets and U.S. Dollar strength
• Inflation or deflation expectations
• Investment and jewelry demand
• Equity market performance

Gold is typically denominated in U.S. Dollars, and the value of the dollar can have a significant impact on the live gold price. When the dollar strengthens, gold may become relatively more expensive for foreign investors. Lower interest rates can also make holding gold more attractive since it does not pay dividends.