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AAAU - The Dollar Index Makes A New High And Approaches Long-Term Technical Resistance
Goldman Sachs Physical Gold ETF
The dollar is the king of currencies. As the world's reserve currency, the US greenback is the foreign exchange instrument that central banks around the world hold as part of their reserves. At the same time, the dollar is the benchmark pricing mechanism for most commodities. Raw materials are global assets. As the US economy is the world's leader and the dollar floats freely and is a stable foreign exchange vehicle with low levels of price variance, it has long been the tool for pricing the commodities required around the globe.