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Gold as an investment

InstaTrade Company invites you to get acquainted with one of the most stable and effective instruments of capital saving. Nowadays, almost everyone interested can get access to the global gold market and invest funds in this precious metal.

Gold trading chart

GOLD
2927.43
21 Feb 2025 05:28
Price Change (% chg)
-0.21
(-0.01%)
Prev Close
Prev Close

Closing price, the previous day.
2938.84
Open
Open

Opening price.
2932.48
Day's High
Day's High

The highest price over the last trading day.
2949.28
Day's Low
Day's Low

The lowest price over the last trading day
2926.02
52-wk High
52-wk High

Price range high in the last 52 weeks
2954.37
52-wk Low
52-wk Low

Price range low in the last 52 weeks
2078.96
Indexes/Futures
Netherlands 25 Index
Bid
Ask
937.69 938.44
DAX 30
Bid
Ask
22326.2 22332.5
FTSE 100
Bid
Ask
8648 8651.6
Hang Seng Index
Bid
Ask
23240 23260
Dow Jones Industrial Average
Bid
Ask
44149.3 44160.8
FTSE MIB
Bid
Ask
27822.2 27837.4
Nikkei 225
Bid
Ask
38749 38769
NASDAQ-100
Bid
Ask
22062.4 22066
Swiss Market Index
Bid
Ask
12847.3 12853.9
IBEX35
Bid
Ask
12963.2 12972.2
S&P 500 Index
Bid
Ask
6117.91 6118.81
STOXX Europe 50
Bid
Ask
5461.9 5464.9
US Dollar Index
Bid
Ask
106.39 106.45

Gold is the oldest and the most efficient measure of capital and wealth. Other precious metals were used for the same purposes besides gold. However, generations were changing, but gold has always been a common equivalent as well as a means of payment and a commodity at the same time. The gold standard system exerted a great influence on the world economic development in the 19th – 20th centuries. National borders receded in the face of gold, and it served as the main world currency until the 70’s of the 20th century. Due to this, operations with precious metals were under strict control. Generally, the transactions were conducted at the level of the states' monetary authorities and the international financial organizations.

However, as a result of contradictions within the system, qualitative changes took place, and currency rates became floating. Consequently, the gold's role was changed, on the legal basis it was excluded from the world currency turnover. Liberalization of gold deals began; the private individuals’ rights for physical possession of metals were expanded. The precious metals market altered, therefore not only the market structure, but also its members and the line of operations changed. Nowadays, gold is no longer a payment facility, however, it has not left the system of economic relations. Today the world gold market is a complex of domestic and international markets, which are almost independent from the governments’ control. All this guarantees 24-hour global trading both precious metals and their derivatives.

The structure of demand on the world gold market can be nominally divided into 3 components: hoarding at all levels, industrial and domestic consumption and speculative operations. Supply consists of precious metals, private and public reserves, processions of auriferous ores and illegal traffic.

The main sources of supply are gold producers; the main buyers are those who use it for industrial purposes. Both appear on the market irregularly due to different factors. However, we will dwell upon surges and recessions on the market of precious metals later.

Instaforex News

1. *Euro Rises To Near 2-week High Of 1.0696 Against U.S. Dollar  2. Pound Rises Against Majors  3. *Pound Ticks Up To 0.8622 Against Euro  4. *Pound Advances To 1.1286 Against Swiss Franc  5. *Pound Edges Up To 1.2389 Against U.S. Dollar  6. Hong Kong Inflation Eases Slightly To 2.0%  7. *Pound Rises To 4-day High Of 191.82 Against Yen  8. German Private Sector Returns To Growth  9. *UK Apr Manufacturing PMI 48.7 Vs. 50.3 In Mar, Consensus 53.0  10. *UK Apr S&P Global Flash Services PMI 54.9 Vs. 53.1 In Mar, Consensus 53.0  
1. *Euro Rises To Near 2-week High Of 1.0696 Against U.S. Dollar  2. Pound Rises Against Majors  3. *Pound Ticks Up To 0.8622 Against Euro  4. *Pound Advances To 1.1286 Against Swiss Franc  5. *Pound Edges Up To 1.2389 Against U.S. Dollar  6. Hong Kong Inflation Eases Slightly To 2.0%  7. *Pound Rises To 4-day High Of 191.82 Against Yen  8. German Private Sector Returns To Growth  9. *UK Apr Manufacturing PMI 48.7 Vs. 50.3 In Mar, Consensus 53.0  10. *UK Apr S&P Global Flash Services PMI 54.9 Vs. 53.1 In Mar, Consensus 53.0  

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