The latest global gold price is the main focus for investors and precious metals enthusiasts. Since the beginning of this year, gold price movements have shown significant fluctuations. In September 2023, gold prices reached an average of $1,950 per ounce, in line with rising geopolitical tensions and persistent inflation. In recent months, demand for physical gold has also increased, especially from countries such as China and India. While China reported a surge in demand for gold jewellery, India, known for its tradition of wearing gold during festivals, also saw a rise. This contributed to an increase in gold prices globally. On the other hand, higher interest rates, especially from the US Federal Reserve, put pressure on gold. When interest rates rise, the opportunity cost of holding interest-free gold becomes higher. However, amidst concerns about bank collapses and economic uncertainty, many investors choose gold as a safe haven asset. Technically, analysis shows that if gold price can break the resistance level at $1,980, it is likely to continue strengthening towards $2,050. However, if it declines and remains below $1,850, it could signal a bearish trend. Another aspect that influences the price of gold is the value of the US dollar. The strength of the dollar is often inversely proportional to the price of gold; when the dollar strengthens, gold prices tend to fall and vice versa. The latest data shows that the dollar index is at a relatively high level, this could pose challenges for gold price movements in the short term. Market sentiment was also strengthened by the inflation report. With inflation rates remaining high, gold remains an attractive hedging instrument. Investors tend to diversify their portfolios by adding gold to protect the value of their assets from inflation. Investors need to pay attention to external factors, such as global economic developments and monetary policy from central banks. Moments such as the release of the US jobs report or statements from the Fed Chair often trigger fluctuations in gold prices. To monitor the latest gold prices, many websites and applications provide accurate real-time information, making it easier for investors to make informed decisions. All these factors create complex dynamics in the global gold market. Therefore, for those investing in or planning to purchase gold, a thorough understanding of market conditions and various economic indicators is essential to formulate an effective and informed strategy.