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Who decides the gold price?

Updated: 9/27/2023
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Marlene Hackett

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4y ago

Best Answer

Demand and supply of gold in market.

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Adolfo Bartoletti

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2y ago
This answer is:
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Q: Who decides the gold price?
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Where did you come up with price of gold 1100 perounce?

The market place decides what the price of gold will be at any given time.


Who decides the gold rate in INDIA?

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What type of price the manufacturer decide?

The manufacturer decides wholesale price and may establish a "suggested" retail price.


What is an international gold price?

INTERNATIONAL GOLD PRICE MEANS, THE CURRENT PRICE OF GOLD IN THOSE RESPECTIVE COUNTRIES. try this site its useful http://gold-price-blog.info/


What is the difference between gold spot price and gold wholesale price?

The gold spot price refers to the current market price of gold for immediate delivery, while the gold wholesale price includes bulk transactions, discounts, and additional costs for handling and distribution.


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The current price of gold is $1321.30 per ounce. In 2013, the average price for an ounce of gold was $1204.50.


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Gold price changes from day to day so there is no fixed price for gold and for present the current price of gold in market is 1359.50 US dollars.And the same gold price in india is nearly equal to 27000.


What is the price of 22 caret gold in Karachi?

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What is the price of gold in USA?

The price of gold and other metals does change day to day. The price of gold today is 1118 per ounce.