I would have thought a US dollar rally would drop the price of gold in US dollars which is obvious if the US dollar bcomes more valuable.
This is of course counterbalanced for Australia as our dollar would also be falling against the greenback, so the price of gold in $A may not really fall that much or may even rise.
Like the very best analysts, world economists, business leaders etc. any "educated" predictions of future have proven no better than a coin toss in the last nine months. If there was really any good evidence one way or the other then the whole market would have followed it and already factored it in.
Most sources I have read are very bullish on gold, expecting prices of $1500 - $2000 within a couple of years, but I'm taking no notice of them either.
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