The Real Reason Why Gold Price Went Up Uncovered

Gold has seen a massive influx in price lately, many asks, what gives?

Firstly, the value, the actual worth and value of the dollar and many other currencies have heavily depreciated (in value) since some decades ago

Another reason: gold price has been subject to much market price jam, particularly by China and Russia central financial groups, particularly in the area aim of making their own gold sell high, durr, and worth more, yeahh

Additional reason: various Manhatton trade center banks unfortunately had made the mistake of vendoring off gold to the market to liquidate some cash up for doing other things (investing, financing, paying off debts, preparing for shortfalls, and such).  This influx of additonal sellers of gold makes price remained steady in those years

Gold is losing production rate, and as electronic age arrives faster, its usage may (investment may) turn out to be a massive jackpot

Gold substitutes better than currency, many nations and organizations had begun trading cash for gold, since in their views, it's bettah for that role

Annnnd a some other more, durrr, minor reasons here and there, durr, yeah