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How Exchange Rates Affect Gold Buyers

When people think about the price of gold, they usually focus on whether gold itself is rising or falling. For buyers outside the United States, there is another important variable: the exchange rate.   Because international gold is usually quoted in US dollars, a buyer’s local currency can make gold cheaper or more expensive even […]

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How Currency Movements Affect Local Gold Prices

Gold has a global market price, but buyers do not experience that price in the same way everywhere. A person buying gold in India, the United Kingdom, Japan, or South Africa may see the local gold price rise even when the international US-dollar price is barely moving.   The reason is exchange rates. Because the […]

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Why Gold Is Quoted in US Dollars Worldwide

Gold is mined, bought, and sold in almost every part of the world, yet the headline international price is usually quoted in US dollars.   That does not mean gold belongs to the US market or that buyers must purchase it in dollars. The dollar serves as the main international unit of account for gold, […]

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How Gold Has Performed Over the Long Term

Gold is often discussed as a store of value, an inflation hedge, and a safe-haven asset. But over long periods, the more useful question is simpler: how has gold actually performed?   The answer depends heavily on the period, the currency and the starting price. Gold has delivered substantial long-term gains since the modern freely […]

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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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