MYGOLD‘s market analyses on gold consist of studies and assessments aimed at understanding how and why the price of gold changes and what its possible developments over time may be.
Gold is one of the most closely monitored commodities in global financial markets. Its value is generally represented by the spot price and is also tracked through dedicated financial instruments, such as gold ETFs.
MYGOLD analyses the main economic and geopolitical factors that may influence the price of gold. The most relevant include:
when inflation rises, many investors buy gold as a hedge.
set by central banks, such as the Federal Reserve or the European Central Bank.
gold is considered a safe-haven asset.
(jewellery, central banks, investors).
represented by indices
Technical analysis is based on the observation of charts and historical data relating to the price of gold, with the aim of identifying potential market trends and dynamics.
The most commonly used tools include:
Analysis of past market movements can provide useful insights for interpreting current dynamics and potential future developments.
MYGOLD also considers investor sentiment, meaning the general climate that guides buying and selling decisions.
Among the elements observed:
When the institutional sector – made up of banks, states and large multinational companies – perceives an increase in uncertainty in financial markets or in geopolitical and economic dynamics, it tends to increase its gold purchases.
Market analyses aim to understand whether the price of gold will rise, fall or remain stable, integrating economic data, chart analysis and the study of buying and selling patterns.
For its assessments, MyGold also takes into consideration data, tables and information from major industry organisations, including the London Bullion Market Association (LBMA) and the World Gold Council.
Arquitech – United Kingdom
Tesora International – USA
