Gold ETFs Can Bounce Back if U.S. Dollar Slips

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Commodities, including gold, are denominated in dollars, meaning that as the greenback strengthens, commodities often do the opposite. The inverse relationship between gold and the dollar has recently been on display. Over the past three months, the Invesco DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) is up 6.4% while the SPDR Gold Shares (NYSEArca: GLD), the [...]

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