{"id":11138,"date":"2022-12-15T10:25:49","date_gmt":"2022-12-15T10:25:49","guid":{"rendered":"https:\/\/martinfortuna.de\/?p=11138"},"modified":"2023-07-03T11:49:31","modified_gmt":"2023-07-03T11:49:31","slug":"gold-price-how-is-it-determined","status":"publish","type":"post","link":"https:\/\/martinfortuna.de\/en\/gold-price-how-is-it-determined\/","title":{"rendered":"Gold price: The value of gold is never equal to the price of gold!"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11138\" class=\"elementor elementor-11138\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71f8d427 elementor-section-boxed elementor-section-height-default elementor-section-height-default rt-parallax-bg-no\" data-id=\"71f8d427\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e01836d\" data-id=\"7e01836d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ffd2b73 elementor-widget elementor-widget-heading\" data-id=\"ffd2b73\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.0 - 09-01-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">How and who determines the price of gold? What are the main factors that influence the fluctuations in the price of gold? The value of gold is never equal to the price of gold!<br><br>\n<span style=\"color:#2962ff\"><b>Free webinar<\/b><\/span> Free Webinar for our readers: How can you buy gold and silver much cheaper? How can you multiply your gold and silver at no extra cost? Register  <span style=\"color:#2962ff\"><b><a href=\"#obrazec\">here now.<\/a><\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11c5e614 elementor-widget elementor-widget-text-editor\" data-id=\"11c5e614\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.0 - 09-01-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">In the webinar, you will <\/span><b>get new, useful information:<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3ccb25 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"c3ccb25\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/martinfortuna.de\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-dot-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can you <b>buy physical gold and silver <\/b>significantly cheaper?<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-dot-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can you <b>take advantage of all the tax benefits <\/b>and not pay any tax?<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-dot-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>An elite rich man's way of multiplying gold and silver<\/b> that ordinary people do NOT know about?<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-dot-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">What <b>mistakes do you make when buying gold and silver<\/b> in a store or online?<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8281a25 elementor-widget elementor-widget-heading\" data-id=\"8281a25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Register for the webinar for free now. The information that you will get on the webinar is worth its weight in gold. Register\n<span style=\"color:#2962ff\"><b><a href=\"#obrazec\">here.<\/a><\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3e7e04 elementor-widget elementor-widget-text-editor\" data-id=\"d3e7e04\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Before we ask about the price of gold and who determines it, it is important to define which price we are talking about!<\/span><\/p><p><span style=\"font-weight: 400;\">Unlike typical consumer products, this is not as straightforward, as here the manufacturer and trader do not determine the price of gold. This is why it is harder to determine who is actually responsible for determining the price of this prestigious metal. In this article, I will present the general factors and elements that have a direct impact on the fluctuation of gold prices in the world.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09908e1 elementor-widget elementor-widget-heading\" data-id=\"09908e1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Determining the price of gold<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1562322 elementor-widget elementor-widget-text-editor\" data-id=\"1562322\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Postoje dvije razli\u010dite cijene zlata:<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b661ee elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"4b661ee\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-dot-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>Spot price<\/b> - This is the current price of gold for immediate purchase.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-dot-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>Futures price<\/b> - This is the price at which participants in a futures contract agree to exchange on the settlement date.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc5f831 elementor-widget elementor-widget-text-editor\" data-id=\"cc5f831\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The current gold price is largely the result of trading futures contracts on commodity exchanges in various cities such as New York, Chicago, London, Zurich, China, and Hong Kong. The most influential gold market today is the COMEX division of the New York Stock Exchange, as it has the most important market for trading gold futures contracts and therefore has the greatest impact on the fluctuation of the spot price of gold. It can be said that COMEX&#8217;s current influence on price is based on financial instruments or derivatives of gold rather than the intrinsic value.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-186ae93 elementor-widget elementor-widget-shortcode\" data-id=\"186ae93\" data-element_type=\"widget\" id=\"obrazec\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div data-elementor-type=\"section\" data-elementor-id=\"11311\" class=\"elementor elementor-11311\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6beb5da elementor-section-full_width elementor-reverse-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"6beb5da\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a009297\" data-id=\"7a009297\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ff34c8c elementor-widget__width-initial elementor-absolute elementor-hidden-tablet elementor-hidden-mobile animated-slow elementor-invisible elementor-widget elementor-widget-rt-shape\" data-id=\"2ff34c8c\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;,&quot;_animation&quot;:&quot;fadeInLeft&quot;}\" data-widget_type=\"rt-shape.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"rt-shape-layout motion-effects rt-shape-layout2\">\t\n\t<div class=\"rt-shape-item\">\n                    <ul class=\"shape-list\">\n                <li class=\"shape shape1 wow fadeInDown\" data-wow-delay=\"0.5\" data-wow-duration=\"1\"><img loading=\"lazy\" decoding=\"async\" width=\"528\" height=\"528\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold.png\" class=\"attachment-full size-full wp-image-11325\" alt=\"\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold.png 528w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-300x300.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-150x150.png 150w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-200x200.png 200w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-155x155.png 155w\" sizes=\"auto, (max-width: 528px) 100vw, 528px\" \/><\/li>\n                <li class=\"shape shape2 wow fadeInRight\" data-wow-delay=\"0.5\" data-wow-duration=\"1\"><img loading=\"lazy\" decoding=\"async\" width=\"116\" height=\"128\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2021\/11\/element_13.png\" class=\"attachment-full size-full wp-image-4255\" alt=\"\" \/><\/li>\n            <\/ul>\n        \t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4634dd69 elementor-section-full_width elementor-section-height-default elementor-section-height-default rt-parallax-bg-no\" data-id=\"4634dd69\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-643ee3fb\" data-id=\"643ee3fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-244ec71f elementor-invisible elementor-widget elementor-widget-rt-text-with-button\" data-id=\"244ec71f\" data-element_type=\"widget\" data-widget_type=\"rt-text-with-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"rt-title-text-button barshow\">\n\t\t\t\t<h2 class=\"entry-title hide fadeInUp\" data-wow-delay=\"1.2s\" data-wow-duration=\"1s\">PURCHASE OF GOLD.\nFree information.\nYou can get up to 1\/3 more precious metals!\t\t\t<span class=\"title-bar\"><\/span>\t\t<\/h2>\t\t\n\t\t\n\t<div class=\"entry-content hide fadeInUp\" data-wow-delay=\"1.4s\" data-wow-duration=\"1s\"><\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19d266a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"19d266a\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How <b>can you buy gold and silver for investment?<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Much <b>cheaper<\/b>.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">We discover how you can <b>reduce seller commissions.<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>Highest quality.<\/b> 999\/1000. Good delivery.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6607a9b elementor-widget elementor-widget-heading\" data-id=\"6607a9b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Information worth its weight in gold. Completely free<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eea192a elementor-widget elementor-widget-heading\" data-id=\"eea192a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">It is not worth buying a single gram until you have this information.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63700484 elementor-widget elementor-widget-text-editor\" data-id=\"63700484\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Enter your name and email address now to participate for free.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31953505 elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"31953505\" data-element_type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.9.2 - 21-12-2022 *\/\n.elementor-button.elementor-hidden,.elementor-hidden{display:none}.e-form__step{width:100%}.e-form__step:not(.elementor-hidden){display:flex;flex-wrap:wrap}.e-form__buttons{flex-wrap:wrap}.e-form__buttons,.e-form__buttons__wrapper{display:flex}.e-form__indicators{display:flex;justify-content:space-between;align-items:center;flex-wrap:nowrap;font-size:13px;margin-bottom:var(--e-form-steps-indicators-spacing)}.e-form__indicators__indicator{display:flex;flex-direction:column;align-items:center;justify-content:center;flex-basis:0;padding:0 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.select-caret-down-wrapper{position:absolute;top:50%;transform:translateY(-50%);inset-inline-end:10px;pointer-events:none;font-size:11px}.elementor-select-wrapper .select-caret-down-wrapper svg{display:unset;width:1em;aspect-ratio:unset;fill:currentColor}.elementor-select-wrapper .select-caret-down-wrapper i{font-size:19px;line-height:2}.elementor-select-wrapper.remove-before:before{content:\"\"!important}<\/style>\t\t<form class=\"elementor-form\" method=\"post\" name=\"Webinar-zlato\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"11311\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"31953505\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Martin Fortuna\" \/>\n\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-50 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-name\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tName\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-email\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tEmail\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-tel elementor-field-group elementor-column elementor-field-group-field_7e2729a elementor-col-100\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_7e2729a\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tPhone number\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<input size=\"1\" type=\"tel\" name=\"form_fields[field_7e2729a]\" id=\"form-field-field_7e2729a\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"If you wish, maybe you also receive a gift :)\" pattern=\"[0-9()#&amp;+*-=.]+\" title=\"Only numbers and phone characters (#, -, *, etc) are accepted.\">\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-checkbox elementor-field-group elementor-column elementor-field-group-field_012669d elementor-col-100\">\n\t\t\t\t\t<div class=\"elementor-field-subgroup  \"><span class=\"elementor-field-option\"><input type=\"checkbox\" value=\"I agree to receive useful information about stoves and investments, and &lt;a href=&quot;https:\/\/martinfortuna.de\/terms-and-conditions\/&quot;&gt;General Conditions&lt;\/a&gt; and &lt;a href =&quot;https:\/\/martinfortuna.de\/privacy-policy-2\/&quot;&gt;Privacy Policy.&lt;\/a&gt;\" id=\"form-field-field_012669d-0\" name=\"form_fields[field_012669d]\"> <label for=\"form-field-field_012669d-0\">I agree to receive useful information about stoves and investments, and <a href=\"https:\/\/martinfortuna.de\/terms-and-conditions\/\">General Conditions<\/a> and <a href =\"https:\/\/martinfortuna.de\/privacy-policy-2\/\">Privacy Policy.<\/a><\/label><\/span><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button type=\"submit\" class=\"elementor-button elementor-size-sm\">\n\t\t\t\t\t\t<span >\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\" elementor-button-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">FREE REGISTRATION TO THE WEBINAR<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4395f74 elementor-hidden-mobile\" data-id=\"4395f74\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-721c0521 elementor-widget elementor-widget-image\" data-id=\"721c0521\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.0 - 09-01-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"636\" height=\"1024\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-5.jpg\" class=\"attachment-large size-large wp-image-15082\" alt=\"fortuna-investing-for-beginners-martin-the-art-of-wealth\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-5.jpg 636w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-5-186x300.jpg 186w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-5-98x157.jpg 98w\" sizes=\"auto, (max-width: 636px) 100vw, 636px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5ea2fa elementor-widget elementor-widget-heading\" data-id=\"b5ea2fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Who determines<span style=\"color:#2962ff\"><b> the price of gold? <\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61850ec elementor-widget elementor-widget-text-editor\" data-id=\"61850ec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The algorithm uses the same data as banks and markets to determine the latest gold rate; this includes changes in demand and any changes in major currencies such as the pound, dollar, and yen. It is important to note that investors cannot buy gold at the current rate. This is due to various costs such as mining and refining.<\/span><\/p><p><span style=\"font-weight: 400;\">The cost paid for gold is the current rate plus these additional costs, as well as any commissions and margins of the trader. These additional costs are known as a premium. To get the best value when investing in gold, it is important to look for coins or bars with low premiums. Trading on the international commodity market at the current rate is available from Sunday at 23.00 GMT to Friday at 22.00 GMT.<\/span><\/p><p><span style=\"font-weight: 400;\">Therefore, the daily gold price is determined by an agreement between participants in the market to buy and sell gold at a predetermined rate or try to maintain a market price evenly by controlling supply and demand. This process is known as &#8220;Gold Fixing&#8221; and takes place in the London Bullion Market Association. The price is set twice a day at 10.30 and 15.00 (GMT) and is measured in US dollars.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3574201 elementor-widget elementor-widget-heading\" data-id=\"3574201\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are  <span style=\"color:#2962ff\"><b>gold futures contracts?<\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-006dcd9 elementor-widget elementor-widget-text-editor\" data-id=\"006dcd9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A gold futures contract is a type of gold trading that does not include immediate payment or delivery of the asset. Payment and delivery terms are set for a later date, known as the &#8220;settlement date.&#8221; Gold futures contracts allow traders to quickly buy and sell large amounts of gold without waiting for physical delivery.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-053989e elementor-widget elementor-widget-image\" data-id=\"053989e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"318\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold-price-futures_contracts_martin_fortuna.jpg\" class=\"attachment-large size-large wp-image-14673\" alt=\"gold-price-futures_contracts_martin_fortuna\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold-price-futures_contracts_martin_fortuna.jpg 500w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold-price-futures_contracts_martin_fortuna-300x191.jpg 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold-price-futures_contracts_martin_fortuna-155x99.jpg 155w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3ba1c1 elementor-widget elementor-widget-text-editor\" data-id=\"a3ba1c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400;\"><strong>Image<\/strong>: Gold futures contracts allow for the quick purchase and sale of large amounts of gold.<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66cca5c elementor-widget elementor-widget-text-editor\" data-id=\"66cca5c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Miners, refineries, traders, and gold consumers can manage the risk of gold price fluctuations by trading gold futures. Gold suppliers can buy &#8220;short&#8221; positions to set the selling price, while consumers can buy &#8220;long&#8221; positions to secure the purchase price. In addition, many speculators also exploit derivative financial instrument markets for gold, taking a long position if they expect the gold price to rise and a short position if they expect a fall.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5505cfb elementor-section-boxed elementor-section-height-default elementor-section-height-default rt-parallax-bg-no\" data-id=\"5505cfb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a5f7b0e\" data-id=\"a5f7b0e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d8953b elementor-widget elementor-widget-heading\" data-id=\"1d8953b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Central bank <span style=\"color:#2962ff\"><b>reserves <\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a91c95 elementor-widget elementor-widget-text-editor\" data-id=\"1a91c95\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Since the US abandoned the gold standard in 1971, central banks have invested heavily in their gold reserves, with numbers in 2019 slightly lower than record numbers in 2018.<\/span><\/p><p><span style=\"font-weight: 400;\">The biggest buyer was Turkey, followed by Russia, Poland, and China with a total of 650 tons of gold purchased in 2019, slightly less than the 656 tons purchased in 2018. This is one of the highest levels of gold purchases in the past 50 years.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4bbbc0 elementor-widget elementor-widget-heading\" data-id=\"d4bbbc0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The US dollar and the price of gold<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9526f9c elementor-widget elementor-widget-text-editor\" data-id=\"9526f9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The value of the US dollar usually has an inverse effect on the price of gold as the metal is denominated in US dollars. When the American currency is strong, the gold price remains low and regulated, but when the dollar is weak, the gold price rises due to increased demand. This can be understood as protection against inflation, which occurs when prices start to rise. As inflation increases, the gold price also increases.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-370acee elementor-widget elementor-widget-image\" data-id=\"370acee\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"359\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-1024x359.png\" class=\"attachment-large size-large wp-image-14674\" alt=\"gold_price_comparison_dollar_martin_fortuna_price_of_gold\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-1024x359.png 1024w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-300x105.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-768x269.png 768w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-1536x539.png 1536w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-2048x718.png 2048w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_dollar_martin_fortuna_price_of_gold-155x54.png 155w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0582b65 elementor-widget elementor-widget-text-editor\" data-id=\"0582b65\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400;\"><strong>Image<\/strong>: The price of gold negatively correlates with the US dollar.<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89261f7 elementor-widget elementor-widget-text-editor\" data-id=\"89261f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Gold is generally classified as a commodity, but it is more similar to a currency in terms of its properties. Unlike other commodities, it has a low correlation with them and is not used as frequently in industry. In addition, it is not tied to any particular country but is a global currency often determined by the state of the US economy.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3758fc elementor-widget elementor-widget-heading\" data-id=\"e3758fc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"color:#2962ff\"><b>Gold production<\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d219899 elementor-widget elementor-widget-text-editor\" data-id=\"d219899\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Gold producers face rising labor costs, which represent about half of their total production costs. The issue of filling vacancies is still open, which in turn leads to higher labor costs. In addition, inputs such as steel, cyanide, lime, and explosives represent about 25% of their cost base, while energy only requires 15%. In addition, the ongoing conflict between Russia and Ukraine continues to significantly impact energy prices, which will only further increase the gold price.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e8e0a3 elementor-widget elementor-widget-image\" data-id=\"1e8e0a3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"445\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-1024x445.png\" class=\"attachment-large size-large wp-image-14675\" alt=\"gold_price_comparison_expenses_martin_fortuna_price_of_gold\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-1024x445.png 1024w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-300x130.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-768x334.png 768w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-1536x668.png 1536w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-2048x890.png 2048w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/gold_price_comparison_expenses_martin_fortuna_price_of_gold-155x67.png 155w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1aeaed elementor-widget elementor-widget-text-editor\" data-id=\"e1aeaed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400;\"><strong>Photo<\/strong>: Price of gold compared to the production costs.<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-527ba57 elementor-widget elementor-widget-text-editor\" data-id=\"527ba57\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Gold is not like any other commodity that is consumed or burned, so if prices fall below production costs, production will not decrease in the same way as with other commodities. This is because the yellow metal is not consumed, but accumulated. This means that even if production decreases, the supply of gold does not decrease, as there are already large stocks. As a result, the connection between production costs and gold prices is weak, and production costs often follow prices &#8211; when gold prices rise, mining companies will invest in methods of obtaining more gold, which will increase production costs. Data from Agnico Eagle, one of the world&#8217;s largest gold producers, show that production costs rose during the bull market in gold in 2000 and then fell during the bear market that followed.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f29443 elementor-widget elementor-widget-spacer\" data-id=\"8f29443\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.0 - 09-01-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e83110f elementor-widget elementor-widget-shortcode\" data-id=\"e83110f\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div data-elementor-type=\"section\" data-elementor-id=\"12057\" class=\"elementor elementor-12057\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6beb5da elementor-section-full_width elementor-reverse-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"6beb5da\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a009297\" data-id=\"7a009297\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ff34c8c elementor-widget__width-initial elementor-absolute elementor-hidden-tablet elementor-hidden-mobile animated-slow elementor-invisible elementor-widget elementor-widget-rt-shape\" data-id=\"2ff34c8c\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;,&quot;_animation&quot;:&quot;fadeInLeft&quot;}\" data-widget_type=\"rt-shape.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"rt-shape-layout motion-effects rt-shape-layout2\">\t\n\t<div class=\"rt-shape-item\">\n                    <ul class=\"shape-list\">\n                <li class=\"shape shape1 wow fadeInDown\" data-wow-delay=\"0.5\" data-wow-duration=\"1\"><img loading=\"lazy\" decoding=\"async\" width=\"528\" height=\"528\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold.png\" class=\"attachment-full size-full wp-image-11325\" alt=\"\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold.png 528w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-300x300.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-150x150.png 150w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-200x200.png 200w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-155x155.png 155w\" sizes=\"auto, (max-width: 528px) 100vw, 528px\" \/><\/li>\n                <li class=\"shape shape2 wow fadeInRight\" data-wow-delay=\"0.5\" data-wow-duration=\"1\"><img loading=\"lazy\" decoding=\"async\" width=\"116\" height=\"128\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2021\/11\/element_13.png\" class=\"attachment-full size-full wp-image-4255\" alt=\"\" \/><\/li>\n            <\/ul>\n        \t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4634dd69 elementor-section-full_width elementor-section-height-default elementor-section-height-default rt-parallax-bg-no\" data-id=\"4634dd69\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-643ee3fb\" data-id=\"643ee3fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-244ec71f elementor-invisible elementor-widget elementor-widget-rt-text-with-button\" data-id=\"244ec71f\" data-element_type=\"widget\" data-widget_type=\"rt-text-with-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"rt-title-text-button barshow\">\n\t\t\t<div class=\"entry-subtitle hide fadeInUp\" data-wow-delay=\"1s\" data-wow-duration=\"1s\">You can save thousands of euros!<\/div>\n\t\t\t\t<h2 class=\"entry-title hide fadeInUp\" data-wow-delay=\"1.2s\" data-wow-duration=\"1s\">Do not buy a single gram of gold or silver until you have read this gold valuable information.\t\t\t<span class=\"title-bar\"><\/span>\t\t<\/h2>\t\t\n\t\t\n\t<div class=\"entry-content hide fadeInUp\" data-wow-delay=\"1.4s\" data-wow-duration=\"1s\"><\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19d266a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"19d266a\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Did you know that you can pay <b>up to 59% more than the market price of gold?<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can you <b>significantly reduce the price of gold and silver?<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">You can get <b>up to + 1\/3 more <\/b>precious metals for your savings!<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Physical investment gold and silver <b>of the highest quality.<\/b> Good delivery.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eea192a elementor-widget elementor-widget-heading\" data-id=\"eea192a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>BONUS! Extremely tax efficient: you pay absolutely no tax!<\/b><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63700484 elementor-widget elementor-widget-text-editor\" data-id=\"63700484\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Enter your name and email address now to<strong> participate for free.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31953505 elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"31953505\" data-element_type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Webinar-Plemeniti metali-3\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"12057\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"31953505\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Martin Fortuna\" \/>\n\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-50 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-name\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tName\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required elementor-mark-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-email\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tEmail\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" required=\"required\" aria-required=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-tel elementor-field-group elementor-column elementor-field-group-field_7e2729a elementor-col-100\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_7e2729a\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tPhone number\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<input size=\"1\" type=\"tel\" name=\"form_fields[field_7e2729a]\" id=\"form-field-field_7e2729a\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"If you wish, maybe you also receive a gift :)\" pattern=\"[0-9()#&amp;+*-=.]+\" title=\"Only numbers and phone characters (#, -, *, etc) are accepted.\">\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-checkbox elementor-field-group elementor-column elementor-field-group-field_012669d elementor-col-100\">\n\t\t\t\t\t<div class=\"elementor-field-subgroup  \"><span class=\"elementor-field-option\"><input type=\"checkbox\" value=\"I agree to receive useful information about stoves and investments, and &lt;a href=&quot;https:\/\/martinfortuna.de\/terms-and-conditions\/&quot;&gt;General Conditions&lt;\/a&gt; and &lt;a href =&quot;https:\/\/martinfortuna.de\/privacy-policy-2\/&quot;&gt;Privacy Policy.&lt;\/a&gt;\" id=\"form-field-field_012669d-0\" name=\"form_fields[field_012669d]\"> <label for=\"form-field-field_012669d-0\">I agree to receive useful information about stoves and investments, and <a href=\"https:\/\/martinfortuna.de\/terms-and-conditions\/\">General Conditions<\/a> and <a href =\"https:\/\/martinfortuna.de\/privacy-policy-2\/\">Privacy Policy.<\/a><\/label><\/span><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button type=\"submit\" class=\"elementor-button elementor-size-sm\">\n\t\t\t\t\t\t<span >\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\" elementor-button-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">FREE WEBINAR REGISTRATION<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4395f74 elementor-hidden-mobile\" data-id=\"4395f74\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-721c0521 elementor-widget elementor-widget-image\" data-id=\"721c0521\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"1024\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-6.jpg\" class=\"attachment-large size-large wp-image-15083\" alt=\"fortuna-investing-for-beginners-martin-the-art-of-wealth\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-6.jpg 576w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-6-169x300.jpg 169w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-6-88x157.jpg 88w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94f809a elementor-widget elementor-widget-heading\" data-id=\"94f809a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Countries that influence the <span style=\"color:#2962ff\"><b>current price of gold<\/b><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e8c6d9 elementor-widget elementor-widget-text-editor\" data-id=\"7e8c6d9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">China, South Africa, the United States, Australia, Russia and Peru are some of the main players in the global gold mining industry. The amount of gold mined also has a significant impact on its price, indicating the balance between supply and demand. In 2018, gold production was 3,260 tons, a significant increase compared to 2010, when 2,500 tons were reported.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64fd729 elementor-widget elementor-widget-image\" data-id=\"64fd729\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"653\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price-1024x653.png\" class=\"attachment-large size-large wp-image-14676\" alt=\"\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price-1024x653.png 1024w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price-300x191.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price-768x490.png 768w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price-1536x980.png 1536w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price-155x99.png 155w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/world_production_of_gold_martin_fortuna_gold-price.png 1590w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e2486f elementor-widget elementor-widget-text-editor\" data-id=\"4e2486f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400;\"><strong>Photo<\/strong>: World gold production by country<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66556c6 elementor-widget elementor-widget-text-editor\" data-id=\"66556c6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Since 2016, the amount of gold mined has not significantly changed. This is because the easier-to-mine gold has already been extracted and miners now have to work harder to reach higher-quality reserves. Such work and increased difficulty in obtaining gold expose them to greater risks and increase the impact on the environment.<\/span><\/p><p><strong>It is important to note that it will now cost significantly more to mine smaller amounts of gold than previously, which will result in higher gold prices.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd1c013 elementor-widget elementor-widget-heading\" data-id=\"dd1c013\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">World Gold Council (WGC)<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f81166 elementor-widget elementor-widget-text-editor\" data-id=\"7f81166\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The World Gold Council is a non-profit organization that promotes the gold industry. Based in London, it is composed of some of the most reputable gold producers and aims to increase demand for gold. For example, the WGC is the creator of the first ETF fund backed by gold.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31f27b2 elementor-widget elementor-widget-image\" data-id=\"31f27b2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"350\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-1024x350.png\" class=\"attachment-large size-large wp-image-14677\" alt=\"World_gold_council_martin_fortuna_gold-price\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-1024x350.png 1024w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-300x103.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-768x263.png 768w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-1536x525.png 1536w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-2048x700.png 2048w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/World_gold_council_martin_fortuna_gold-price-155x53.png 155w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e357175 elementor-widget elementor-widget-text-editor\" data-id=\"e357175\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Slika:<\/strong> <i><span style=\"font-weight: 400;\">World Gold Council\u00a0<\/span><\/i>(WGC)<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee31942 elementor-widget elementor-widget-heading\" data-id=\"ee31942\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Final thoughts\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b27c828 elementor-widget elementor-widget-text-editor\" data-id=\"b27c828\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">World events have caused economic uncertainty. Gold has attracted investors as a form of protection against inflation and a potential investment. Gold prices have risen significantly in the past decade, leading many to wonder how much further the price can rise. Expert opinions vary, with predictions ranging from $1,000 to $15,000, so as investors, you must decide for yourselves who to trust with your money.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4aa4039 elementor-widget elementor-widget-spacer\" data-id=\"4aa4039\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bcfe5a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default rt-parallax-bg-no\" data-id=\"bcfe5a4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47a281d\" data-id=\"47a281d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3ec0ede elementor-widget elementor-widget-shortcode\" data-id=\"3ec0ede\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div data-elementor-type=\"section\" data-elementor-id=\"11355\" class=\"elementor elementor-11355\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6beb5da motion-effects elementor-section-full_width elementor-reverse-mobile elementor-section-height-default elementor-section-height-default\" data-id=\"6beb5da\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a009297\" data-id=\"7a009297\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ff34c8c elementor-widget__width-initial elementor-absolute elementor-hidden-tablet elementor-hidden-mobile animated-slow elementor-invisible elementor-widget elementor-widget-rt-shape\" data-id=\"2ff34c8c\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;,&quot;_animation&quot;:&quot;fadeInLeft&quot;}\" data-widget_type=\"rt-shape.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"rt-shape-layout motion-effects rt-shape-layout2\">\t\n\t<div class=\"rt-shape-item\">\n                    <ul class=\"shape-list\">\n                <li class=\"shape shape1 wow fadeInDown\" data-wow-delay=\"0.5\" data-wow-duration=\"1\"><img loading=\"lazy\" decoding=\"async\" width=\"528\" height=\"528\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold.png\" class=\"attachment-full size-full wp-image-11325\" alt=\"\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold.png 528w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-300x300.png 300w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-150x150.png 150w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-200x200.png 200w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/element_20-gold-155x155.png 155w\" sizes=\"auto, (max-width: 528px) 100vw, 528px\" \/><\/li>\n                <li class=\"shape shape2 wow fadeInRight\" data-wow-delay=\"0.5\" data-wow-duration=\"1\"><img loading=\"lazy\" decoding=\"async\" width=\"116\" height=\"128\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2021\/11\/element_13.png\" class=\"attachment-full size-full wp-image-4255\" alt=\"\" \/><\/li>\n            <\/ul>\n        \t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4634dd69 elementor-section-full_width elementor-section-height-default elementor-section-height-default rt-parallax-bg-no\" data-id=\"4634dd69\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-643ee3fb\" data-id=\"643ee3fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-244ec71f elementor-invisible elementor-widget elementor-widget-rt-text-with-button\" data-id=\"244ec71f\" data-element_type=\"widget\" data-widget_type=\"rt-text-with-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"rt-title-text-button barshow\">\n\t\t\t<div class=\"entry-subtitle hide fadeInUp\" data-wow-delay=\"1s\" data-wow-duration=\"1s\">A golden opportunity for a free webinar for our readers.<\/div>\n\t\t\t\t<h2 class=\"entry-title hide fadeInUp\" data-wow-delay=\"1.2s\" data-wow-duration=\"1s\">How can you get precious metals significantly cheaper?\nSign up now for free.\t\t\t<span class=\"title-bar\"><\/span>\t\t<\/h2>\t\t\n\t\t\n\t<div class=\"entry-content hide fadeInUp\" data-wow-delay=\"1.4s\" data-wow-duration=\"1s\"><\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19d266a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"19d266a\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can physical gold and silver <b>be significantly more affordable?<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can you <b>reduce commission when buying<\/b> silver <b>up to - 80%?<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can you buy silver tax free, where you can <b>get 22% more silver?<\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">How can you <b>reduce commission when selling<\/b> silver by as much as - 95%?<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6607a9b elementor-widget elementor-widget-heading\" data-id=\"6607a9b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Participation in the webinar is free for our readers.<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eea192a elementor-widget elementor-widget-heading\" data-id=\"eea192a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>It is not worth buying a single gram until you have this information.<\/b><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63700484 elementor-widget elementor-widget-text-editor\" data-id=\"63700484\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Enter your name and email address now to participate for free.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31953505 elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"31953505\" data-element_type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;100&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Webinar-zlato-2\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"11355\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"31953505\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Martin Fortuna\" 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Policy.<\/a><\/label><\/span><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button type=\"submit\" class=\"elementor-button elementor-size-sm\">\n\t\t\t\t\t\t<span >\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\" elementor-button-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">FREE REGISTRATION TO THE WEBINAR<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4395f74\" data-id=\"4395f74\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-721c0521 elementor-widget elementor-widget-image\" data-id=\"721c0521\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"495\" height=\"1024\" src=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-1.jpg\" class=\"attachment-large size-large wp-image-15078\" alt=\"fortuna-investing-for-beginners-martin-the-art-of-wealth\" srcset=\"https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-1.jpg 495w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-1-145x300.jpg 145w, https:\/\/martinfortuna.de\/wp-content\/uploads\/2023\/03\/obrazci-fortuna-investing-for-beginners-martin-the-art-of-wealth-1-76x157.jpg 76w\" sizes=\"auto, (max-width: 495px) 100vw, 495px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>How and who determines the price of gold? What are the main factors that influence the fluctuations in the price of gold? The value of gold is never equal to the price of gold! Free webinar Free Webinar for our readers: How can you buy gold and silver much cheaper? How can you multiply your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14671,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[207,3,45],"tags":[],"class_list":["post-11138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold","category-investing","category-precious-metals"],"featured_image_src":"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/investment-silver-gold-smart-investment-for-investors-martin-korosec-fortuna-1024x692.jpg","blog_images":{"medium":"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/investment-silver-gold-smart-investment-for-investors-martin-korosec-fortuna-300x203.jpg","large":"https:\/\/martinfortuna.de\/wp-content\/uploads\/2022\/12\/investment-silver-gold-smart-investment-for-investors-martin-korosec-fortuna-1024x692.jpg"},"ams_acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gold value: how is the price determined - The Art of Wealth<\/title>\n<meta name=\"description\" content=\"Gold value: how is the price determined. Supply, demand and production- The Art of Wealth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/martinfortuna.de\/en\/gold-price-how-is-it-determined\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold value: how is the price determined - The Art of Wealth\" \/>\n<meta property=\"og:description\" content=\"Gold value: how is the price determined. 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