The Gold market is a subset of the Precious Metals market, which includes other metals such as silver, platinum, and palladium. Gold is a valuable commodity due to its rarity, malleability, and resistance to corrosion. It is used in jewelry, electronics, and currency, and is often seen as a safe-haven asset during times of economic uncertainty. Gold is traded on the spot market, futures market, and over-the-counter market. Gold prices are determined by supply and demand, and are affected by geopolitical events, economic conditions, and currency fluctuations.
Companies in the Gold market include mining companies, refiners, bullion dealers, and banks. Examples include Barrick Gold Corporation, Newmont Corporation, AngloGold Ashanti, and Royal Canadian Mint. Show Less Read more