Gold and the dollar: why do they usually move opposite?

Gold is priced in dollars, so a stronger dollar mechanically lowers the gold price — and both compete as "safe" assets when fear rises, which complicates the relationship.

Beginners: does gold go up when the dollar goes down in your experience? Experienced members: when do gold and the dollar rise together, and what does that tell you?

The what moves gold guide unpacks the drivers.