As I am in Europe I look at the gold price in EURO and as you explain the lower dollar is a big factor in the rise of gold. Measured in EUR it does not get up a lot. One EURO is now 1,24 USD .
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As I am in Europe I look at the gold price in EURO and as you explain the lower dollar is a big factor in the rise of gold. Measured in EUR it does not get up a lot. One EURO is now 1,24 USD .
It is similar in Australia. I normally wouldn't care too much about another nations currency, but the decline of the worlds reserve currency is significant for us all.