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Recovery In The Dollar. A recovery in the dollar should take the world''s reserve currency back toward 91 – 92 on the dollar index by Q1 – Q2, 2018. This movement should correspond with the retracement expected in the gold price.
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Get PricePrices have reached a three-year high as Brexit worries intensify. An ounce of gold is now worth $1,327 (£1,003), up from $1,257 on June 23. However, the spike follows a sustained rally in the gold price throughout the year. The metal is now worth a quarter more an ounce than it was at the end of 2015.
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