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Gold prices fell as the US Dollar pushed higher for a second day, undercutting demand for anti-fiat alternatives. The greenback rose with front-end Treasury bond yields while the rate hike trajectory priced into Fed Funds futures steepened as revised fourth-quarter US GDP data was upgraded to put the annualized economic growth rate at 2.9 percent. That topped the prior estimate of 2.5 percent and the smaller adjustment to 2.7 percent expected by economists.
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No such idea I do have.
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US president, Donald Trump, have given an open statement that Saudi Arabia is taking more advantage of American support than required. He also said that the Saudi wells are transporting oil with higher prices to the US. Things are getting complicated!
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US president, Donald Trump, have given an open statement that Saudi Arabia is taking more advantage of American support than required. He also said that the Saudi wells are transporting oil with higher prices to the US. Things are getting complicated!
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US president, Donald Trump, have given an open statement that Saudi Arabia is taking more advantage of American support than required. He also said that the Saudi wells are transporting oil with higher prices to the US. Things are getting complicated!
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US president, Donald Trump, have given an open statement that Saudi Arabia is taking more advantage of American support than required. He also said that the Saudi wells are transporting oil with higher prices to the US. Things are getting complicated!
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What could be the connection between currency and crude oil?
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Nothing to comment, just want to know the reason, that why there is a price discrimination between Dollar n the commodities?
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Gold is a commodity, the most popular commodity.
On the other hand, USD is the most powerful and common currency.

What can be the connection between the two?
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Gold Prices and U.S. Dollar Correlation - 10 Year Chart

This interactive chart compares the daily LBMA fix gold price with the daily closing price for the broad trade-weighted U.S. dollar index over the last 10 years.
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I don't know actually, what to say about this topic:D

The more I can depict is that I have invested a lot on both Crude Oil and Gold.

So, what can be the future?
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