Dollar down Gold Up

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 “Gold and the dollar typically have an inverse relationship,” says Zach. “The stronger the value of the U.S. dollar, the lower the price of gold.”

But as you can see, the dollar index peaked three months ago. “Gold is often referred to as a ‘stateless currency’ that investors turn to when they lose faith in a traditional currency like the U.S. dollar. So as the dollar weakens, gold is now more attractive.”



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