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It is always interesting to see how gold correlates with other markets. This helps to better understand which driver is the most important for gold at the moment. But the current situation deserves to be considered unique.
Over the past five years, the gold price has shown a negative correlation with the dollar index. Now the short-term correlation between gold and the Dollar Index has reached its five-year maximum, which actually means the functional relationship when the dollar decline is clearly translated into the rise in the gold price. Against this background, Trump's desire to