The PowerShares DB US Dollar Index Bullish (NYSE: UUP ) gained 0.79 percent, and is continuing to be a headwind for precious metals' investors. Related Link: S&P-500, Homebuilders And Gold ETFs To Watch This Week GLD is now in danger of once again sliding to 2014 lows after making a rally attempt earlier in the month. Stable Longer-Term Inflation Expected Gold often moves in an inverse pattern to the U.S. dollar because of the association with monetary values and hard asset prices.