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US Dollar Index and gold have a negative correlation for two reasons:
1. Gold is USD-denominated. When the US dollar appreciates, gold costs investors using other currencies more.
2. Gold and USD are substitutes because they are both used as international reserve and hedging tool. If $ is stronger, demand for gold declines.

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Latest Stats
  • US Dollar Index (L)
    2022-05-19
    102.83
  • Gold Futures Price (R)
    2022-05-19
    1,840.12
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