The gold market refers to the global marketplace where gold is bought and sold. It includes various participants such as investors, jewelers, and central banks. Prices are influenced by factors like supply and demand, economic conditions, and geopolitical events. Gold is often seen as a safe-haven asset during times of uncertainty. Trading in the gold market can occur through physical gold, such as coins and bars, or financial instruments like gold futures and exchange-traded funds (ETFs). Major exchanges, including the London Bullion Market and the New York Mercantile Exchange, facilitate these transactions, providing a platform for price discovery and liquidity.