Aside from the dollar, what else moves in the opposite direction of Gold prices?
Additional Information:
I guess I meant more in terms of what 'traditionally' moves opposite to gold prices?
Best Answer
MNSL answered 3 months ago …
Given that the whole world is slowing down in terms of economic growth, this is not the environment that would make demand for commodities such as gold.
Sentiments and behavior of market crowd also not that good..
I think prices of bonds, real estate, stocks and commodities all will come down.
Right now Banks, securities firms and hedge funds are dumping assets including commodities now. Therefore, you can imagine what is going to happen
There are sell off in energy stocks, commodity stocks and raw materials producers through out the world now.
Because of this some companies, sectors, markets and companies are going to benefit most. They will be biggest winners in the next bull market
Global investors will benefit most due to change of commodity prices and currency trend in the next 02 years. Some companies in the USA will produce excellent financial results in the fourth quarter and next financial year
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