Gold Silver GLD IAU SLV Gold dropped in Friday trading as the U.S. dollar resumed its advance and better-than-expected economic reports buoyed investor optimism.

The relative strength of the U.S. dollar is helping keep the price of imported goods in check. The price of goods imported to the U.S.

The US Dollar has continued to rally in the Asian and European sessions, and the main victims of the USD rally have been the New Zealand and Australian Dollar.

The US dollar on Friday made a notable rebound against major currencies after data showed US consumer confidence improved. US consumer sentiment index in May stood at 83.7, well above the market consensus of 78.0, according to a joint survey ...

Many attribute this decline in gold prices to the strengthening of the US dollar and the gains seen in by equities. These two factors could have affected investor interest in gold in the recent past, in addition to the continuing sales of gold backed ...

The explosive strength of the US Dollar appears to be at a near-term breathing point, with the 5-day rate of change in the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) slowing the past few days from +2.18% on Wednesday to +1.17% today.

The US is bankrupt. Yet Uncle Sam continues to stride the world stage and can simply print more money to get by because the dollar is the world's reserve currency. Remove it as the reserve currency, and the US will no longer be able to remain supreme ...

And those rallies resulting from strong US figures via the indirect effect of rallying equities (risk-on) have not lasted either. Broadening pro-USD sentiment may stay for longer than we had thought as the US dollar index has exited from another 9-year ...

US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy.

What the Bullish Picture for US Dollar, Stocks Means for Gold and Silver. By Przemyslaw Radomski, CFA May 17, 2013 11:30 am.