Gold trade refers to the buying and selling of gold, which is a precious metal valued for its rarity and beauty. It is commonly traded in various forms, including coins, bars, and jewelry. Investors and countries often buy gold as a way to preserve wealth, especially during economic uncertainty. The price of gold fluctuates based on supply and demand, geopolitical events, and market trends. Countries also engage in gold trade to manage their reserves and strengthen their economies. Central banks, such as the Federal Reserve or the European Central Bank, may buy or sell gold to influence currency values and maintain financial stability. Additionally, gold is often seen as a hedge against inflation, making it a popular investment choice.