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Dollar value and the global gold market price

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Question

Is there any relationship between the U.S. dollar value and the global gold market price? If so, can the U.S. Fed adjust the money supply to control the global gold market price? How? A reference link (URL) to an article that supports your answer will be a plus.

Please offer step by step explanations, as to why the relationship exist and how the Feds affect it.

Reference no: EM132338193

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