...I don't know about this, but with Gold rallying higher while the dollar was then rising, a depreciating dollar would only amplify a steeper rise in the price of Gold.
...While the confidence is strong in a weaker dollar, it does not mean that it will necessarily get weaker in the short term. But weaker it will be, and Trump 2.0 welcomes it. Which can only augur well for Gold in the long run.
...Even with Gold at US$6,000 and AUD @75c, you are looking at A$8,000 Gold and that's more than 50% from where we're at now.
