The price of gold goes up or down. Since the last 3 years the price of gold continued to increase 26 percent per troy ounce in every year. In 2011 gold prices touching a value 1920 U.S. dollars per troy ounce. The cause of the increase in gold prices could be due to several factors, including actions taken to buy up gold investors or due to rising world oil prices continue to soar, but the general rise in gold prices triggered by global economic uncertainty.
It was also revealed to analysts that global economic uncertainty will still maintain a bullish signal gold forward so many investors remain capital owners take action to buy up the gold, because most people, especially the investors still perceive gold as one of the safest investments.
The price of gold today / precious metals per 10 gram in U.S. dollars:
The price of gold 10 carat $ 239/10 Gram
The price of gold 12 carat $ 285/10 Gram
The price of gold 14 carat $ 330/10 Gram
The price of gold 16 carat $ 382/10 Gram
The price of gold 18 carat $ 427/10 Gram
The price of gold 20 carat $ 473/10 Gram
The price of gold 22 carat $ 524/10 Gram
The price of gold 24 carat $ 570/10 Gram
To know the price of gold 20, 22, 23 and 24 carat per gram in U.S. dollars in March, April, May and wait for the next update onwards.
Here are among the many factors causing the gold price rise / fall are:
1. Actions The Speculators
The rising price of gold (precious metals) in the world market could also occur by speculators who profit from the price movement of gold in the international market, it is usually done either in person or corporation which typically have capital to secure their money in a short time by gold buying up action massive and its effect gold will soar.
2. The existence of price manipulation
This theory is one of the most controversial theories over the last 20 years which were disseminated to trigger a price increase within the market, as the government and fund managers see gold as one of the least healthy indicator of a country's economy so that the manipulation of information by deliberately blow to influence prices .
3. Supply is sufficient
Gold supply is insufficient or that investors likely drive the price even higher could cause prices to continue to rise. According to estimates by the World Gold Council market demand for gold per year has increased to 12 percent of the troops just grew an average of 3 percent.
4. Safe Investment
Gold is safest for both portfolio and institutional investors, so if there is an imbalance in the financial markets to buy up gold action could happen to allocate funds.
5. A State Society of Financial Condition
An experience like this ever happened in 1997-1998 when the monetary crisis, when it masyarakt suffered financially because of the panic that dollar prices soared, causing gold prices also rose, and vice versa if the financial condition of a country improves, the price of gold would be stable
6. Political Conditions
Political conditions can affect the gold price particularly for gold supply and demand locally, the political turmoil in the country of residence of uncertainty can cause the price of gold tends to be unstable and inflated it prompted investors to buy on gold, and at that time usually purchasing power paper money will go down but if konsdisi politically conducive and stable gold prices will also be stable.
7. Adding to Gold Reserves
Gold became a reserve foreign exchange and each state and the central bank is certain to have reserves of gold and is usually in the form of gold bullion. If the government intends to increase the reserves would automatically affect the price of gold, especially if it is done for countries such as Europe and America it will affect the price of precious metals in the international market.
It was once the Bank Central China some time ago, the gold purchasing is larger than that usually results in higher prices, currently estimated china has about 2 percent of the world's gold reserves
In recent years it became one of the gold investment instruments considered safe and much loved the owners of capital. that's why the price of gold continues to skyrocket making profit seekers invest heavily and speculate on gold, it is also the cause of gold tends to not go down even tends to increase from year to year.
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