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By and large, the price of gold is influenced by three main factors: the U.S. level of inflation, monetary policy in the United States, and the dollar. But at the same time, the role of the dollar should not be exaggerated. Let's consider it in more detail.
Let's take a look at the scatter plot of the daily values of the Dollar Index and gold prices over the last 10 years:
As you can see, there is no functional dependency.
On the other hand, over the past years, gold price has shown a negative correlation