- Stronger Dollar:Of late, the U.S. dollar has jumped against other currencies. On
Wednesday, the greenback hit its highest level against the euro since early April.
The U.S. Dollar Index, a measure of the dollar against a basket of major currencies, has climbed 5% year-to-date--a major move in currency terms. And, since gold is priced in U.S. dollars, it has become appreciably more expensive for foreign investors.
