Government BSRB Question:
Is it any relation between dollar gold value fluctuation?
Answer:
During the crisis situation there is a positive correlaton
between dollar value and value of gold because all
investors will go towards qulaity products in other words
Flight to quality. And both dollar as well as gold are
considered as safe haven. how ever during normal time the
situation this relation will not hold true the dollar value
will be more dependent upon interest rate arity however the
gold value will be more dependent upon demand and supply
factors
between dollar value and value of gold because all
investors will go towards qulaity products in other words
Flight to quality. And both dollar as well as gold are
considered as safe haven. how ever during normal time the
situation this relation will not hold true the dollar value
will be more dependent upon interest rate arity however the
gold value will be more dependent upon demand and supply
factors
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