This study explores the dynamics influencing gold prices in the global market, focusing on key economic indicators, geopolitical events, and market trends. Gold, historically viewed as a safe-haven asset, often sees price changes in response to inflation rates, currency fluctuations, central bank policies, and investor sentiment. The analysis includes a comprehensive review of historical data, identifying patterns and correlations with major economic events. Additionally, the study assesses the impact of supply-demand factors, including mining production and consumer demand, on gold prices. By employing statistical and econometric models, the research aims to forecast future gold price movements, providing valuable insights for investors and policymakers.