I was glancing at the price of commodities on Bloomberg and noticed the price of gold was rising. What does this mean in relation to the value of the dollar?




I was glancing at the price of commodities on Bloomberg and noticed the price of gold was rising. What does this mean in relation to the value of the dollar?





^^^ I'm certainly no expert on the subject, but when the US dollar's exchange rate versus other major currencies is rising, and the price of gold is ALSO rising, it has historically meant that certain people are seeking a 'safe haven' for their money in expectation that things will get even worse than they already are.
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