The Dollar And Gold: The New Normal?

Jon Blogosphere, Gold, Market Commentary, Precious Metals

I am not sure what to make of the U. S. Dollar (DXY) vs Spot GOLD relationship recently, because it has certainly been counter-intuitive, not to mention counter-historical.
It is unusual to have such a strong Dollar concurrent with such a resilient Gold price.
That said, the relationship is not counter-seasonal, however.
When the Dollar has a pronounced direction heading into Dec, it usually continues into year end, while Dec usually resides within the seasonally-strong Nov-Mar time period for GOLD.

This post was published at Gold-Eagle on December 3, 2014.