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| Gold Supply and Demand |
One example of things that can affect the supply and demand (supply and demand) of gold is like a scene in the mid-1980s. At that time, forward sales by mining companies always blamed for the rise in gold prices. In terms of business, the actual behavior of mining companies is reasonable. By selling forward when gold prices rose, they can secure the mine output prices at a fairly attractive price.
As another example, the case in mid-1998 in which the price of gold continued to decline. At that time, central banks in Europe said it would reduce its gold reserves in respect of plans to implement the euro currency. Gold prices plunged around 290 dollars per troy ounce.
As another example, the case in mid-1998 in which the price of gold continued to decline. At that time, central banks in Europe said it would reduce its gold reserves in respect of plans to implement the euro currency. Gold prices plunged around 290 dollars per troy ounce.
