foreck14
Gold
to USD exchange rate reflects the ounce price quoted in US dollars and
is influenced by monetary policy, inflation expectations and demand from
jewelry and central banks. When USD weakens, gold to USD typically rises as
bullion becomes cheaper for holders of other currencies. Conversely, higher
real interest rates weigh on gold to USD by increasing the opportunity cost of
holding non-yielding assets. Monitoring macro data and Fed guidance helps
anticipate moves in gold relative to the dollar.
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