Global gold prices have become a topic of interest to many investors and precious metal enthusiasts. Gold, as a classic investment instrument, always functions as a hedge amidst economic uncertainty and market fluctuations. In the international market, gold prices are influenced by various factors including demand and supply, political conditions, and monetary policies from major countries. In 2023, the price of gold experiences significant variations. Through monitoring of international markets, the price of gold per ounce recorded by leading financial institutions shows a range of between $1,800 to $2,000. This fluctuation is strongly influenced by announcements from the US Federal Reserve regarding interest rates which can affect the attractiveness of gold investments. When it is felt that interest rates will increase, investors tend to switch from gold to assets with higher yields. On the other hand, geopolitical tensions, such as conflicts between major countries or instability in the region, often push gold prices up. Investors tend to choose gold as a safer asset, resulting in a surge in demand. For example, when there is a crisis in Europe or tensions in the Middle East, the price of gold can jump by several percent in a short time. Apart from that, seasonal factors also influence gold prices. In countries like India and China, demand for gold increases ahead of major festivals and wedding celebrations. This pushed global gold prices up. In 2023, as the festive season approaches, we will see an increase in demand from these two markets. Technical analysis is also an important tool in recognizing gold price trends. Many traders use charts and indicators to predict future price movements. Investment decisions are often based on analyzing candle patterns and support-resistance levels, which provide a clear picture of market direction. Currency movements also play an important role in determining the price of gold. Often, the value of the US dollar is inversely proportional to the price of gold. When the dollar weakens, gold prices tend to rise because gold becomes more affordable for holders of other currencies. Therefore, investors must always pay attention to the US dollar index to predict gold price movements. Finally, technological developments and innovation in the mining industry also have an impact on global gold supply. The discovery of new deposits or increased efficiency in the extraction process could increase the supply of gold, which in turn could depress prices. However, a decrease in production or mine closure can have the opposite effect. By understanding the various factors that influence gold prices, investors can make more informed decisions. Monitoring the latest global gold prices is a crucial step for optimizing an investment portfolio.