How is the dollar affecting gold?
December 20, 2022“Gold prices advanced on Tuesday as a surprise announcement from the Bank of Japan helped to weigh on the dollar, helping to bolster precious metals prices The More...
Call a Monex account representative and see if now may be the time for you to invest in precious metals.
One of the most popular inverse relationships that exists is that of the U.S. Dollar value and precious metals prices. As U.S. dollar devaluation occurs, the prices of dollar denominated precious metals can go up. This simple, yet valuable, piece of information is often the driving factor of making investors look to the metals in times when U.S. Dollar rates are lower. Read on about U.S. dollar performance news and more in the following articles.