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<p>[QUOTE="Cloudsweeper99, post: 1203596, member: 3011"]I'm not sure that a crisis in the Eurozone would necessarily hold back gold prices. The dollar index doesn't measure increases and decreases in the absolute value of the dollar, only the relative value. So if the value of the dollar is declining 5% and the value of the Euro is declining 10%, the dollar index will rise. In the short run this may hurt gold prices, but in the longer term, gold prices will see through this.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1203596, member: 3011"]I'm not sure that a crisis in the Eurozone would necessarily hold back gold prices. The dollar index doesn't measure increases and decreases in the absolute value of the dollar, only the relative value. So if the value of the dollar is declining 5% and the value of the Euro is declining 10%, the dollar index will rise. In the short run this may hurt gold prices, but in the longer term, gold prices will see through this.[/QUOTE]
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