Changes in Gold Price
As the price of any commodity the price of Gold is also driven by the basic laws of supply and demand. The demand for gold includes four sectors: Central Banks in the official sector, second is jewellery, third is industrial and dental sectors includes technology, and finally private investment. As for jewellery demand, high prices and potentially low or volatile growth will likely dampen demand for gold for industrial uses in 2013. Besides jewellery, the demand from the investment sector accounts for more than 40% of total demand.
Refer To The Gold Tree Infographic Below