Is it Gold that’s Up or the US Dollar that’s Down
Thursday, March 17, 2016 at 04:33PM
Silver Prices

 

 

 

Gold prices have risen approximately 2.5% over the last two days against the US Dollar.

 

But if we take a closer look we can see that the US Dollar has actually declined by 2.2% so it looks as though golds rise is a function of its inverse relationship with the dollar.

 

Should the dollar start to recover and gold can still keep climbing then this would lend creditability to golds rally.

 

However, if the dollar recovers and gold declines then we must remain cognizant of the part the dollar plays in any move by gold in either direction.

 

Take care.

 

 

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

 

 

 


 

Winners of the GoldDrivers Stock Picking Competition 2007 

 

 

 

 

 


Article originally appeared on Silver Prices (http://www.silver-prices.net/).
See website for complete article licensing information.