/script>
What influenced the price of gold globally during the last 3 years?
>Brexit
>moot selling 4chan
>>1574051
Horoscopes mostly, desu
market manipulations
>>1574051
Uhh lets take a look and see
>Gold in downtrend
>Platinum and Copper in downtrend
>agricultural commodities such as Corn, Wheat, Soybean, Soybean Oil, etc in downtrend
>Oil in downtrend
>US Dollar Index in uptrend
>USD--- pairs in uptrend
>---USD pairs in downtrend
>2Y and 5Y Treasury Notes in downtrend
>meanwhile central banks worrying about deflationary environment
>>1574051
Supply and / or Demand.
I'm surprised there isn't anyone saying "People are starting to realise the cash they have is worth nothing, so they buy gold". It is basically what happened with china, they bought a shit ton of gold.
>>1574051
when the value of the dollar decreased
>>1574181
this, 100 contracts per 1 unit gold, flood the market with contracts, it's legal too. they'll just cancel the contract and send you $ if physical gold storage is gone.
fuck yo shit normalfags