The U.S. Dollar steadies near 98.90 ahead of JOLTS data. GBP/USD consolidates below $1.3531; EUR/USD eyes breakout above $1.1454.

The relationship between gold and the U.S. dollar is a relatively straightforward one. Getty Images Gold's price surge past $2,700 per ounce in October 2024 marked the beginning of a sustained rally.

On top of that, a weaker dollar will result in even higher prices for imports from certain countries. For example, a car from Germany priced at 50,000 euros would translate to about $55,000 at ...

Skittish investors who are dumping the dollar and hoarding gold could make a visit to the luxury store even more expensive for Americans. The dollar has slid roughly 5% against the euro since April 2.

The U.S. dollar index hit a three-year low Monday amid investor concerns about tariffs, the economic outlook and possible threats to Federal Reserve independence. Monitor these crucial chart levels.