Like every day the market is open, the value of gold knows moments of glory as well as moments of hesitation. However, this Thursday, July 18, 2024, investors were particularly attentive to the fluctuations of this precious metal. In stock markets,once d’or was exchanged for 2,261.56 euroswhile the same weight traded at US$2,472.22. Geopolitical events and the monetary policy of major central banks continue to have a marked impact on the value of gold.
The price of gold: illusory stability?
The price per gram of gold investors of all stripes look like milk. This year, on July 18, it became one of the most discussed economic indicators. In fact, one gram was sold for 72.72 euros and others US $79.49, indicating a small increase compared to previous days. Financial analysts put forward different hypotheses, between the prospects of inflation and the search for safe harbors.
Investing in Gold: A Decision by the Weight of Gold
Despite the daily changes, gold remains a safe haven for many investors. However, their decision to buy or sell gold-related coins, bars or ETFs still depends on a complex set of factors. The decision to invest in gold is based on careful analysis Gold prices and on a deep understanding of the long-term trends taking shape at the heart of the global economy.
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