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Worried about the sudden USD drop? Here’s how you can ensure your money still grows despite it, regardless of how much you ...
The relationship between gold and the U.S. dollar is a relatively straightforward one. Getty Images Gold's price surge past $2,700 per ounce in October 2024 marked the beginning of a sustained rally.
So when the dollar strengthens, gold tends to fall, and a weaker greenback can help strengthen gold. A more subtle, but important, driver for gold is interest rates, Aspell told MarketWatch.
The S&P 500 on Tuesday was moving back within striking distance of its highest close on record, but stocks aren’t the only asset near highs. The Dow was up 150 points, or 0.3%, on Tuesday. The S ...