{"content":"Gold hits a $30 trillion market cap. But here’s the question no one asks ...who decides the price of gold? Gold doesn’t come with a price tag. It’s not “set” by anyone. Its value is discovered .... every second through global trade. Let’s break it down: The real price of gold lives in the Spot Market. That’s where massive institutions, banks, and traders buy and sell it daily. → London. → New York. → Shanghai. Billions move. The price shifts. But here’s the twist — most gold isn’t even touched. It’s traded as contracts — “paper gold” — through futures and ETFs. People bet on gold without holding a single bar. When these “paper trades” surge in demand... …the spot price rises... …even if no physical gold changes hands. Then come the Central Banks. They buy tons to secure their reserves. When China, Russia, or India starts hoarding... …the world pays attention. Supply tightens. Price rises. And because gold is priced in U.S. dollars, every dollar move matters. When the dollar weakens → gold strengthens. When the dollar rises → gold dips. Interest rates and inflation also play their part. High interest = low gold demand. But when inflation or crisis hits... investors rush to gold like a safe haven. → Wars. → Recessions. → Political chaos. Gold thrives on fear and uncertainty. It’s not just a metal — It’s a mirror reflecting global confidence. So who decides gold’s price? No single person. No single country. It’s decided by the collective emotion of the world: • trust • fear • belief You might never see my page again so follow me if you like my content","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/21/af7892aaa98749199a0108596130dfb5.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}