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US GDP

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How significant is this number to movement in the gold price
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8 REPLIES 8
Valued Contributor
it isn't .. but perception is .. if it hints at recession than spike for gold, if it hints at all good then fall for gold .. but easiest is to ignore the data and just wtach the gold price
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Regular Contributor
i would say a higher gdp figure would mean a stronger currency and a stronger dollar would mean lower commodity prices and therefore lower gold price.
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Super Contributor
When GDP is up - Price of Gold go down.Dollar, Bonds, Stocks all go up.When GDP is down - Price of Gold goes up, dollar, bonds, stocks go down.
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Super Contributor
When GDP is up - Price of Gold go down.Dollar, Bonds, Stocks all go up.When GDP is down - Price of Gold goes up, dollar, bonds, stocks go down.
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Super Contributor
When GDP is up - Price of Gold go down.Dollar, Bonds, Stocks all go up.When GDP is down - Price of Gold goes up, dollar, bonds, stocks go down.
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Super Contributor
When GDP is up - Price of Gold go down.Dollar, Bonds, Stocks all go up.When GDP is down - Price of Gold goes up, dollar, bonds, stocks go down.
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Super Contributor
GDP has components. Price indexes component show inflation trend. Thar be the linkage to gold price, for what it be worth.
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Super Contributor
GDP has components. Price indexes component show inflation trend. Thar be the linkage to gold price, for what it be worth.
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