At some point during the recovery, the stock market and the US DOLLAR has to go up together. Its a normal part of the recovery process as investors from other countries need US DOLLARS in order to buy rising US stocks amongst other things. Combine that with the US DOLLAR has been due for a "correction" meaning a counter trend of the down trend - temporary.
This is short term and I dont think the recent drop in gold is anything that will be long term. I think its less about gold and more to do with the recovery in the US stock market and a temporary bottoming out of the US DOLLAR.
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