IAUF - Gold: The 2 Main Influences Are The U.S. Dollar And The S&P 500 (Part 2)

Preamble

On the 2nd of July 2019, we posted Part One of this article with the following summary points:

After six years in the doldrums gold has suddenly come to life, however the two main influences on it are the U.S. dollar and the S&P 500.

Gold has an inverse relationship with the U.S. dollar and tends to move in the opposite direction to it.

We're all aware that bull markets do not go on forever, and this bull phase is now 10 years old and overdue for a correction.

Since then, gold prices have

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