What is the gold market price tomorrow?
Approx. 50 US $ per gram.
The price of gold is determined by gold trading markets. Gold is bought and sold much like stocks the markets where this is done know how much buyers are paying and sellers are receiving. This is the price of gold. The London bullion market is an over-the-counter market for the trading of gold. Twice a day they publish the price gold is trading for.
Can the price increase of gold create a increase in the supply of dollars in the SA foreign exchange market?
The price of the soft yellow gold metal never again increase or create to increase in the supply of U.S. Dollars in the SA foreign exchange market, because in U.S.A. from 1971 the President Richard Nixon sing a law, the yellow gold soft metal it is not run with the U.S.Dollars; in today market in the U.S. Government the soft yellow gold does not has value in U.S. Dollars; only consumers speculation in the spot…
As of the writing of this answer (3July 2013, 09:43 EDT) the price of gold is $1,250.00. This rate has gone down and up about a dollar in the time it has taken to type this answer, That being said, this price is for pure gold. Gold dust is not pure. The price then will be determined by purity and amount.