What happens when gold prices rise?

What happens when gold prices rise?

Gold prices rose more than 3.6% in March, set to break through the all-time high. The rise is already beginning beyond the resistance, which had already formed a high point since 2020.

Since the creation of the dollar currency, gold prices have been heading for the highest price.


What will happen if the price of gold goes up?

First, as the dollar depreciates, the dollar exchange rate in each country falls.

Second, the price of commodities traded in dollars, such as energy, metals, and grains, rises.

Third, prices of all commodities rise, including raw materials, and inflation continues.

Fourth, the business conditions of all industries that mine, produce, smelter, process, transport, and assemble raw materials improve with rising product prices and the stock prices of related companies rise.

Fifth, the dollar's depreciation and the relative strength of emerging currencies cause stock market funds to move to emerging countries, forming a very strong upward trend in emerging countries' stock prices.



If the price of gold rises above the 2000$ high point and the upward trend begins, how far will it rise in the long run?

8,000$ ?
15,000$ ?
30,000$ ?

Prepare for the tremendous inflation that will act as the pressure of evolution in the future.

If the gold price is trending above $3000
Maybe a hundred years ago, taking away the hegemony of the British pound
It may mean that the hegemony of the dollar, which has been maintained for more than 100 years, will gradually change.