{"id":4129,"date":"2024-10-24T08:29:27","date_gmt":"2024-10-24T08:29:27","guid":{"rendered":"https:\/\/apex-aiexperts.com\/?p=4129"},"modified":"2024-10-24T08:29:27","modified_gmt":"2024-10-24T08:29:27","slug":"how-gold-affects-aud-usd-and-usd-chf","status":"publish","type":"post","link":"https:\/\/apex-aiexperts.com\/es\/how-gold-affects-aud-usd-and-usd-chf\/","title":{"rendered":"C\u00f3mo afecta el oro al AUD\/USD y al USD\/CHF"},"content":{"rendered":"

Before we detail the relationship between the comdolls and gold, let\u2019s first note that the U.S. dollar and gold don\u2019t quite mesh very well.<\/p>\n\n\n\n

Usually, when the dollar moves up, the gold falls and vice-versa.<\/p>\n\n\n\n

\"C\u00f3mo<\/figure>\n\n\n\n

The traditional logic here is that during times of economic unrest, investors tend to dump the greenback in favor of gold.<\/p>\n\n\n\n

Unlike other assets, gold maintains its intrinsic value or rather, its natural shine!<\/p>\n\n\n\n

Gold and AUD\/USD<\/h2>\n\n\n\n

Nowadays, the inverse relationship between the Greenback and gold still remains although the dynamics behind it have somewhat changed.<\/p>\n\n\n\n

Because of the dollar\u2019s safe-haven appeal, whenever there is economic trouble in the U.S. or across the globe, investors more often than not run back to the Greenback.<\/p>\n\n\n\n

The reverse happens when there are signs of growth.<\/p>\n\n\n\n

Take a look at this awesome chart:<\/p>\n\n\n\n

\"Gold's<\/a><\/figure>\n\n\n\n

Currently, Australia is the third biggest gold-digger\u2026 we mean, gold producer in the world, sailing out about $5 billion worth of the yellow treasure every year!<\/p>\n\n\n\n

Gold has a positive correlation<\/strong> with AUD\/USD.<\/p>\n\n\n\n

When gold goes up, AUD\/USD tends to go up. When gold goes down, AUD\/USD tends to go down.<\/p>\n\n\n\n

Historically, AUD\/USD has had a whopping 80% correlation to the price of gold!<\/p>\n\n\n\n

Not convinced? Here\u2019s another one:<\/p>\n\n\n\n

Gold and USD\/CHF<\/h2>\n\n\n\n
\"Gold's<\/figure>\n\n\n\n

Across the seven seas, Switzerland\u2019s currency, the Swiss franc, also has a strong link with gold. Using the dollar as base currency, the USD\/CHF usually climbs when the price of gold slides.<\/p>\n\n\n\n

Conversely, the pair dips when the price of gold goes up.<\/p>\n\n\n\n

Unlike the Australian dollar, the reason why the Swiss franc moves along with gold is that more than 25% of Switzerland\u2019s money is backed by gold reserves.<\/p>\n\n\n\n

Gold has a negative correlation<\/strong> with USD\/CHF.<\/p>\n\n\n\n

When gold goes up, USD\/CHF goes down. When gold goes down, USD\/CHF goes up.<\/p>\n\n\n\n

Isn\u2019t that awesome?<\/p>\n\n\n\n

Keep in mind that that this correlation is not set in stone and may change in the future.<\/p>\n\n\n\n

The relationship between gold and major currencies is just ONE of the many that we will tackle. Keep reading!<\/p>","protected":false},"excerpt":{"rendered":"

Before we detail the relationship between the comdolls and gold, let\u2019s first note that the U.S. dollar and gold don\u2019t quite mesh very well. Usually, when the dollar moves up, the gold falls and vice-versa. The traditional logic here is that during times of economic unrest, investors tend to dump the greenback in favor of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79,77],"tags":[],"class_list":["post-4129","post","type-post","status-publish","format-standard","hentry","category-intermarket-correlations","category-undergraduate-sophomore"],"_links":{"self":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts\/4129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/comments?post=4129"}],"version-history":[{"count":1,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts\/4129\/revisions"}],"predecessor-version":[{"id":4130,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts\/4129\/revisions\/4130"}],"wp:attachment":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/media?parent=4129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/categories?post=4129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/tags?post=4129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}