Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Do you agree that when Gold price gows up, USD value drops down? why do you think this happens?

user-image
Question ajoutée par steve khawaja , Director of Finance, MENA region , DAI Global
Date de publication: 2013/09/22
Sankar potty
par Sankar potty , CFO , Salem Mohsen Al Harty Estt.

This is a function of  the basics of economics--Demand and Supply.

As the Supply of USD increases or remains at a statically same level, a portion of the same would be diverted to  mid to long-term investment opportunities.  Gold is one such opportunity and as the demand increases the price goes up;  and due to excess supply of USD, the value of the same goes down.

 

More Questions Like This