How to view the trend chart of gold and dollar?

[MonicaWills]

The retail sales and PPI data released by the United States were low, but due to the Fed officials’ hawkish interest rate hike remarks that day, spot gold fell for the second consecutive trading day, down 0.24% on the day, and closed at $1903.70 per ounce.

[Anonymous]

I haven't checked to see if it is still true but I have heard it said that the cost in gold to buy for example a fine suit has been about the same historically over time for hundreds of years and so you should think of gold as having a fixed value.

The value of other currencies and commodities changes over time relative to the gold price.

The data you have supplied though doesn't really mean anything at all, it is just a small change over a small time period, this is just noise (its not like there is a huge spike, the change in value is tiny, if you looked at it on a zero to 2k scale it would look flat) its not a sufficiently large data set to show a trend line and you can be completely certain that the trend line does not move in that direction over the long term because the dollar is a fiat currency and more importantly a debt based currency so the economic system it lives in it necessarily dependent on inflation and devaluation of currency because the interest on the loan of the money does not exist in the system, only the principle is created.

[Anonymous]

Dude it's up n close at 1925$..
But more interested in crypto than gold...

[MonicaWills]

FB and Elon Musk's high-intensity promotion of the importance of the blockchain is also a way of reference, but it is by no means investing in any Crypto, just using it.

[Opinion Owner]

Yup I'm trader I chase quick money... I made 30-70% in crypto in Jan now I'm out will see after fed meeting

[Guy13]

Yep as it’s a game.

[jamesgoldman]

I'll still be buying whatever the price

[front2back]

Buy more while it's under $2000