When gold demand outstrips gold supply, the price of gold goes up. The chief areas of gold demand are in gold jewelry. In 2017, 46% of demand for gold was for jewelry. There is also the use of gold in ...

At one point during 2013, the price of gold dropped from $1,573.70 per troy ounce on April 8th to $1,353.25 in just one week. Following a worldwide spike in oil supplies, and as a result, global ...