GOLD 0.51% $1,391.7 gold futures

@Jard77 "Atm with the dollar so high it is to costly for people...

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    @Jard77

    "Atm with the dollar so high it is to costly for people to buy gold as most is on US $. Hence why gold price rapidly dropping"

    This doesn't make sense! The price of gold has been falling in US$ and holders of US$ (whether they are US nationals or Russians who have recently sold US Treasuries) are now able buy gold at lower - less "costly" prices. So "cost" isn't a factor.

    The price of gold is falling because the US$ is strong and investors are flocking to the performing asset.
 
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