Why is gold down and $ up? Wouldn’t it be the opposite of inflation is due in part by fed pumping $?


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I’m asking because I thought the fed helping so much with liquidity would have lowered the value of the dollar which would make gold value rise.

I’m reading all different types of articles but still , wouldn’t the notion that inflation is mainly due to too much money and therefore dollar would lower in value while gold would be seen as a safe haven?


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