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In general, three main factors affect the price of gold in the long run: (1) the dollar, (2) the U.S. level of inflation and (3) monetary policy in the United States.
Dollar
The gold price stably negatively correlates with the Dollar Index. And it is actually normal because gold is dollar-denominated:
But at the same time, one needs to understand the difference: the Dollar Index by itself does not affect the gold price, it affects its dynamics. And judging by the history, when the Dollar Index equals, for example, 80, the gold price may be