Gold is traded on major exchanges like COMEX, NYSE, and London Gold Fixing, which are accessible via online brokers; the price of gold is determined by supply and demand. The former is influenced by economic factors, and the latter more so by political and geopolitical issues. The supply of gold is increasing due to the ever-increasing demand.
The gold price Chart is highly dependent on other factors like supply and demand, which are more often than not neglected by most traders. To invest in gold, it is always advisable to go for products that have higher commissions and charges since they are less susceptible to changes in the market. If you want to follow the trends, then invest in precious metals that are accessible on the open market since they are more stable than those that are priced in the futures market or over the counter.