Gold Exchange Decisions

Hi everyone,

I've noticed that sometimes the exchange rate becomes quite unfavorable for managers (we sell gold at low prices and buy it at high ones).

Does anyone know who actually decides when a country buys or sells gold? Is it an automatic system, or are there players who can initiate these transactions at the national level?

Also, what factors influence these actions? Are they based on reserves, market trends, or something else entirely?

I'm just trying to better understand how the system works so as club manager can adapt and plan more effectively.

Thanks in advance!

That's like asking for insider tip to know when to buy a stock and when to sell lol

Chart trend 📈 is meant to be a suprise and left for traders to make their own analysis and figure when is best to buy and sell to make most proofit :)

Thx… Here I have approx got the idea... I'm specifically referring to anyone know who actually decides when a country buys or sells gold? Is it an automatic system,or are there players who can initiate these transactions at the national level?

Please enlighten me, @Landlord.

Country does it automatically at specific times

Out of my experience is random and u can expect it at any time if there is local.curency in the bag

@Iordache it's random but look to me admin does regulate it time to time. Might as well be an automated system to either buy or sell  gold at specific condition to maintain account balances btw gold and local currncy:)

Thanks for all the replies, guys , I got the idea!