Gold Market Fundamentals
Understand how gold markets work — supply, demand, pricing mechanisms, and key market participants.
The Gold Congress Academy
Curriculum Team
Course developed in-house by The Gold Congress Academy. Named guest faculty will be announced ahead of the 2026 edition.
Your First Gold Allocation — step 1 of 3
Finish able to explain how the gold price is set, choose between physical metal and a listed fund, and write down a sizing rule you can defend a year from now.
Next in path: Physical Gold InvestmentMarket Structure for Professionals — step 1 of 3
Finish able to read LBMA and COMEX pricing, trace ETF creations through to allocated metal, and judge where a client's exposure actually sits in the settlement chain.
Next in path: Gold ETFs & Derivatives
- Explain the structural drivers of gold supply and demand
- Describe how the LBMA price and COMEX futures interact
- Distinguish physical, paper and tokenised gold instruments
- Identify the major participants moving the market
- Build a personal first-allocation plan with confidence
Newcomers to precious-metals investing, finance professionals adding gold to their toolkit, and anyone wanting a rigorous foundation in how the gold market actually works.
Prerequisites- — Basic understanding of financial markets
- — No prior gold knowledge required
Curriculum
Educational content only — not investment, tax or legal advice, and not an offer or solicitation to buy or sell any precious metal or security. Precious metal prices can fall as well as rise and you may get back less than you paid. Read the full risk & market data disclaimer.