Comments on: Gold gains $21 in 3 days on T-bond selloff /gold-gains-21-3-days-t-bond-selloff/ No 1 source of global mining news and opinion Tue, 16 Jan 2018 07:58:44 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: JH /gold-gains-21-3-days-t-bond-selloff/#comment-11279 Tue, 16 Jan 2018 07:58:44 +0000 /?p=911524#comment-11279 “Gold prices and the US dollar index move in opposite directions” is not an absolute statement.

It only appears that way. In fact gold price depends more on interest rate difference i.e. the difference between inflation and interest rates. So if inflation is higher than interest rates, gold goes up relative to dollars.

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