gold, page-2180

Wombat.
The answer is probably less simple than one might think.
When you have a falling US dollar and a rising gold price then US gold shares generally rise especially when Silver outperforms gold.
US markets set the tone for other world markets as a general rule.
If US gold stocks surge then Aussie golds would move as well regardless of what the price of gold has done.So it might be more applicable to correlate US gold stocks and their Aussie partners rather than the US or Aussie gold price.
This relationship is not set in stone.
Aussie golds and US golds will diverge occasionally.