Current location - Trademark Inquiry Complete Network - Futures platform - Why did London gold fall and Shanghai gold rise? What is the impact of exchange rate?
Why did London gold fall and Shanghai gold rise? What is the impact of exchange rate?
There is a negative correlation. According to a knowledge seeker in official website, the existence of gold is not based on the national credit of a specific economy, but its value attribute comes from the long-term consensus of various economies. The rise and fall of gold in London is influenced by the US dollar and negatively correlated with the US dollar.