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<p>[QUOTE=&quot;Cloudsweeper99, post: 673557, member: 3011&quot;]It&#039;s more complex than that.&nbsp; The dollar is rising against a basket of currencies, all of which are falling in value at various rates.&nbsp; The relative rise in the dollar doesn&#039;t necessarily translate into an absolute rise.&nbsp; Also, the link between gold and the dollar isn&#039;t that tight.&nbsp; Gold usually rises when real interest rates after inflation fall which may or may not correspond to currency trading activity on any given day.&nbsp; And there are always fluctuations on a daily basis that have to do with industrial demand, central bank repositioning, hedge fund speculation, the international carry trade,&nbsp; etc.. that have almost nothing to do with each other.&nbsp; Don&#039;t get trapped into thinking there is a simple answer.&nbsp; There isn&#039;t.&nbsp; Most of the rules of thumb you read in the business press and see on TV are close to useless for forecasting short term moves in gold.[/QUOTE]</p><p><br /></p>

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