Gold and the U.S. dollar tend to move in opposite directions. When the dollar weakens, gold often rises. When the dollar strengthens, gold often falls. One reason is that gold is typically priced in U.S. dollars. A weaker dollar can make gold cheaper for foreign buyers, increasing demand. A stronger dollar can make gold more expensive. But this relationship isn't guaranteed. Interest rates, inflation, geopolitical events, central bank purchases, and other factors can also affect the price of gold. Key ...