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The past weeks were the weeks of the recovery in gold prices and the dollar. The EUR/USD rate went up from 1.08 to 1.12, while the gold price went from $1,220 to $1,260 per troy ounce, somewhat in the neighborhood of where gold prices stood a month earlier. After having written frequently about the course of the gold price and the dollar in the past, it might be a good moment to take a step back for a brief update.

The Dollar

A Recession

Gold

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