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Why Gold and the US Dollar Sometimes Rise Together

Gold and the US dollar are often described as moving in opposite directions. That is a useful rule of thumb, but it is not a law.   There are periods when gold and the dollar rise at the same time. This can seem contradictory because gold is commonly priced in US dollars, but both assets […]

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What Happens to Gold When Interest Rates Are Cut?

Interest-rate cuts are often described as positive for gold. The basic logic is easy to understand: when returns on cash and bonds fall, the opportunity cost of holding a non-yielding asset such as gold can fall as well. But the relationship is not automatic. Gold can rise before a cut, fall after one, or move […]

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