U.S. Dollar And Gold

Many people think that the US dollar and gold go in the opposite directions. Well, in many cases it is true but look at this chart:

Source: Stockcharts.com

The chart shows that taking 2008 as a starting point (financial crisis of 2007 – 2008), both instruments (gold and dollar) are significantly up:

  • gold: 37.1%
  • US dollar: 30.7%
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    Author: Travis Esquivel

    Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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