A lot of people assume: "The World Cup is happening in the US, so the dollar is getting stronger, and gold is dropping." The reality is actually the opposite.


❌ The myth: World Cup → strong dollar → gold falls✅ The reality: weak US economy → weak dollar → gold at record highs


Here's the actual chain of cause and effect:


1️⃣ Weak US job market data keeps coming in2️⃣ This fuels expectations that the Fed won't hike rates — and may even cut them3️⃣ As a result, the dollar weakens instead of strengthening4️⃣ A weaker dollar makes gold more attractive to investors → prices rise


The World Cup has no role in this chain at all.


📊 In numbers:During the 2022 Qatar World Cup, gold was trading around $1,600/oz. Now, in 2026, it's above $4,100/oz — roughly two-and-a-half to three times higher.


🏆 So where does the trophy fit in?The FIFA World Cup trophy is made of 18-karat gold (over 5kg of it). Because of this gold rally, the trophy's melt value has jumped to $713,000 — 157% higher than in Qatar.


But that's gold's effect on the trophy, not the World Cup's effect on gold.


So next time someone says otherwise — correct them. Gold is influencing the World Cup (through the trophy's value), not the other way around. 😅

Don't give up