Wednesday , 17 April 2024

Tag Archives: gold vs US dollar

Gold Price: It’s ALL About the Strength Of the USD, Stupid!

Currently, the U.S. dollar is strong and that trend may continue for some time. As long as it does or for as long as the U.S. dollar maintains stability, there cannot be new highs in the gold price.   …At one time there was a fixed ratio of dollars to gold ($20 U.S. to 1 troy ounce of gold) but, …

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