This morning the price of gold fell to a significant number of U.S. $ 1,114.3 / Oz as I write this article. As usual when prices go up or down significant many emails, SMS, etc. kerosene. who came to me asking why. To save time I answer these questions, this paper hopefully can satisfy the desire of knowledge of the visitors of this site.

There are two things that become drivers of the rise and fall of gold, the first of the movement of supply and demand. If that sells a lot of buying while the price drops a bit automatic. Similarly, if a buy a lot while going to sell less then the price will rise.

Which price movements are influenced by supply and demand this you can follow every moment of kitco.com site.

Driving gold prices rise and fall of the second is the power of the currency used to buy it. Because the world price of gold generally valued in U.S. $ then the strength of U.S. currency $ also determines the rise and fall of this world gold prices.

The latter is a significant influence on the decline in world gold prices in the trading day yesterday. You can see on the graph I present above, the decline in gold prices went nearly symmetrical with the increasing power of U.S. $, as measured by U.S. $ Index.

I say almost because it does not fully symmetrical; the difference lies in the first factor I mentioned above - namely supply and demand factors.

Because of the importance of information power of the currency is U.S. $ in understanding the world gold price movements, so starting today the U.S. $ Index information including that I served in the main page of this site is on the left sidebar under the gold price information. This is to complement the information already Rupiah Index my first show.