@secamcommunityminers: The United States is the country that holds the biggest resources of Gold in the world. The XAU/USD pair tells the trader how many US Dollars are needed to purchase one troy ounce of Gold. The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold prices escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher borrowing costs usually weigh on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars. A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up. #necklace #preciousstones #jewelrytiktok #jewelry #goldbullion