The Price of Gold Today

The price of gold is almost an oxymoron. When people in the U.S. say "price of gold" they mean the price of gold in U.S. dollars. Everything is relative to something else, just as the U.S. dollar has a value relative to the Euro or the RMB and so on. There is unfortunately no such thing as an "absolute." The price of gold is high when the dollar is or is expected to be relatively worthless, like now. Don't get left out of currency moves.