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Gold prices may seem a little mysterious at first, but in fact they are no different than those of things you buy every day. Like everything else, gold originates with producers (mines) then travels down a distribution chain to the end consumer.
The top of the gold distribution chain is the over the counter (OTC) market, where prices are driven by supply and demand. Because gold is a commodity its price is independent of the source. On the OTC market principal buyers ‘shop’ producers for the best offered price, negotiate a contract with a producer, and then execute the physical exchange. From there gold passes down through various levels of
لمشاهدة الموضوع بالكامل اضغظ على احدى الصور التالية
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