为什么美元涨黄金降？

近年来，金融市场上的美元和黄金价格经常出现相反的走势。这引发了广大投资者的好奇与困惑，为什么美元上涨时，黄金价格却下降呢？本文将从货币政策、市场需求和全球经济形势三个方面，解析美元涨黄金降的原因。

首先，货币政策是影响美元和黄金价格的重要因素之一。美国联邦储备系统（Fed）是美国货币政策的决策机构，它通过调整利率和货币供应量来控制美元的价值。当美联储加息或紧缩货币政策时，会吸引更多资金流入美国市场，推动美元升值。而黄金是一种无息资产，当投资者预计美国利率上升时，他们更倾向于将资金从黄金转移到美元，导致黄金价格下降。

Translation:

Why does the dollar rise while gold falls?

In recent years, the prices of the US dollar and gold in the financial market have often shown opposite trends. This has aroused curiosity and confusion among investors. Why does the price of gold decrease when the US dollar rises? This article will analyze the reasons for the rise of the dollar and the fall of gold from three aspects: monetary policy, market demand, and the global economic situation

Firstly, monetary policy is one of the important factors that influence the prices of the US dollar and gold. The Federal Reserve (Fed) in the United States is the decision-making institution for monetary policy, and it controls the value of the US dollar by adjusting interest rates and money supply. When the Fed raises interest rates or tightens monetary policy, it attracts more capital inflows into the US market, pushing up the value of the US dollar. Gold, on the other hand, is a non-interest-bearing asset. When investors anticipate a rise in US interest rates, they are more inclined to transfer funds from gold to the US dollar, leading to a decrease in the price of gold.