Just like other forms of asset, gold price fluctuates all the time. There are times when the price is fairly steady and others when volatility is high. Studying the context of these movements can be extremely helpful when trying to understand how the market values this precious metal.
Sometimes the triggers are quite obvious because of the scale of the price movement. Downturns in the stock market usually pushes the value of gold higher due to greater demand. When all else seems to be collapsing, gold surges because of its reputation as a safe haven.
Other things that can influence prices include regulatory changes and geopolitical tensions. These can drastically affect the mining industry. You can see the latest gold price data from feed providers. They can show real-time values so you can time your entries and exits in sensible ways.