The demand is constantly evolving and depends essentially on the needs of the jewelery, electronics, medical industry or major financial institutions, such as Central Banks and of course the investors who speculate on this raw material.
However, the two world wars have changed this situation somewhat because of the significant inflation that has resulted. Thus, in 1946, the Bretton Woods agreements were signed and made the gold only convertible into US dollars with a fixed price of 35 US dollars.
How does the price of gold evolve according to influential factors? To be able to correctly analyze the price of gold and therefore effectively trade online, you must of course understand how this asset behaves in front of the different elements that influence its price based on Forex VPS Rating. This gives us a better understanding of the many uses that can be made of gold in the international industry.