Who decides gold price?

Answer 1

from what i now ...i think the

A)prices are monitored by newyork metal exchange

b)it depends upon the demand or supply of the metal

C)speculative buying of the metal

D)people started thinking that investment in gold is a safe option to keep or safeguard the real value of the money////hence driving up the demand and the price whereas the supply remains limited///

E)nowadays goverments are keeping gold as a reserve than $dollars,,,,,,

Answer 2

Demand and supply of gold in market.