Login
MyTradingLand Logo
Log In

gold vs dollar: what is the price relationship?

Reply
A
@andy_colgate_nottinghill - 1 year ago - Currency Pairs

May I ask the relationship between the price of gold and the us dollar exchange rate. If the dollar rate is high will the price of gold fall?

0
2
A
@aisley - 1 year ago

Gold & the us dollar prices move in opposite directions. When the price of one is high, the other will be low. The reason is that gold is priced in the us dollar so when the dollar is high, other currencies become weak relative to the dollar. When other currencies are weak, it costs more to buy an ounce of gold & so the demand for gold drops thus causing gold prices to drop due to low demand.

0
0
M
@maasai_princess - 1 year ago

Gold is a dumb metal meaning it doesn't pay interest so if the us dollar is strong people will rather invest in the dollar so they can earn interest, and this causes gold prices to fall when people move their investments from gold to the us dollar.

0
0
Reply
Legal
Connect
Youtube

Disclaimer:

At MyTradingLand.com, we connect you with forex brokers and provide a community for traders. While we offer valuable information and resources, please note that we are not financial advisors and cannot provide personalized financial advice. Always conduct your own research and invest responsibly.

Community Guidelines: The MyTradingLand.com community is designed as a resource for forex traders, promoting respectful and constructive discussions. We reserve the right to remove any content that is misleading, abusive, or violates our terms of service.

Broker Information: While we may receive commissions or advertising income from some of the brokers listed, this does not imply an endorsement of any broker, nor does it affect our review process. Our evaluations are based solely on objective criteria and user feedback.

Always verify the regulatory status of any broker with your local financial authority, along with their terms and privacy policies, before engaging with them. It is crucial to conduct thorough research to ensure that you are making informed decisions.

Risk Warning: At MyTradingLand.com, we strive to provide accurate information; however, the forex market is highly volatile and can change rapidly. It is essential to verify any information before making investment decisions.

Please be aware that trading in forex involves substantial risk, and it is possible to lose more than your trading equity/investment capital. 70-90% of retail CFD traders incur losses in their trading activities as per information from various brokers.

You are solely responsible for your use of MyTradingLand.com and any trading decisions you make. We encourage all users to educate themselves thoroughly about forex trading and to consider seeking advice from qualified financial professionals.

Advertising Disclosure: We may earn commissions from recommended brokers, but our reviews are independent (not influenced by potential earnings). Sponsored content is clearly marked and doesn't reflect our views.

©2026 ©2025 All rights reserved Mytradingland.com