Losses Continue for the Dollar After Lower Inflation
Portfolio Pulse from
The US dollar has weakened against most currencies following lower than expected inflation data in the US. This has led to an increase in gold prices.
March 13, 2025 | 8:45 am
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POSITIVE IMPACT
AAAU, a gold-backed ETF, is likely to see a positive impact as gold prices rise due to the weakening US dollar following lower inflation data.
AAAU is directly linked to gold prices. As the US dollar weakens, gold becomes more attractive, potentially increasing the value of AAAU.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80