You see a gorgeous 50 gram gold price and wonder why the price keeps going up and down. Gold’s price swings more than the weather in the spring, and attempting to keep up may make anyone’s head spin. But let’s go to work and look at this shining puzzle, piece by piece.

The keyword “50 gram gold price” always surges when the markets are shaky or someone is getting ready to make a significant purchase. Gold isn’t like other assets; for hundreds of years, it has stood for luck, safety, and even love. But why does its price go up and down, sometimes in just one afternoon?

Think at it this way: different things push and pull gold values, much like tides. There are international spot pricing on one side. For example, the London Bullion Market gives a price per troy ounce, which is a common unit of measure. If you’re thinking in grams, get your calculator: About 31.1 grams is equal to 1 troy ounce. Now, keep multiplying.

But that’s just the global starter kit. After then, each country makes changes to this pricing. Taxes, import tariffs, and foreign exchange rates all add extra costs, like the surprise fees you get when you buy a concert ticket. Even if two countries are near to each other on a map, the price of a 50 gram gold bar may be different in each.

This is where things become a little more complicated: demand. The price of 50 grams of gold can move up or down faster than a roller coaster at a theme park because of things like wedding season in another country, worries about the global economy, or even stories that get popular on the internet. When the economy stumbles, investors flock to gold like bees to honey. Prices go up when more people want to buy. It’s easy, isn’t it? Sometimes, though, it works the other way around because sellers get scared too. It never gets old.

Another aspect of the jigsaw is purity. Karats are used to quantify how pure gold is. 24 karats is pure gold. Jewelry can be 18 or 22 karats. Investment bars normally go for the pure stuff, therefore a 50 gram bar is usually 24 carat, which costs more than lower grades. Like watered-down lemonade, mixed alloys lose value.

Don’t forget about the extra costs of making things. That clean, numbered bar in a sealed plastic case doesn’t just show up out of nowhere. It costs money to make, ship, and keep safe. Dealers charge extra for their work, like paying for frosting on a cake. Prices might be very different, therefore it pays (in money) to go about and try to get a better deal.

Exchange rates are a wild card in the deck. When the dollar goes up or down versus your currency, it affects gold prices all across the world. If your local currency loses value overnight, the low price from last month can suddenly seem high.

And yeah, let’s talk about what’s going on. Gold prices enjoy the news. Is inflation high? Investors rush to gold. Stock markets are going down? Same stuff. Even news from far away places can impact prices by breakfast time. It’s a soap opera about gold that never ends.

People who want to buy something sometimes wonder, “Should I buy now or wait?” Spoiler: No one can see the future. If someone tries to sell you a gold price prediction that is 100% accurate, they are telling you stories that are taller than a stack of gold bars. The best thing to do? Keep an eye on spot pricing, make sure you can afford what you want to buy, and realize that there is always some risk involved.

Check your dealer’s reputation one last time. There are more scams involving gold online than ever before. If a price appears too good to be true, trust your gut and look into it. First, safety. Second, glitter.

Now you know why the 50 gram gold price changes all the time. You’ll also know what that number really means. With these tips, you might be able to grab the best deal at the right time—no magic needed.