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Theaureport.com reported that Gold—All About the Dollar:
Theaureport.com reported that Gold—All About the Dollar:
Gold is suddenly all about the dollar again. Or so you might think. After its longest run of moving in tandem with the trade-weighted Dollar Index since midsummer 1991 (45 trading days; average correlation +0.58), the gold price in dollars resumed its commonly assumed relationship with the greenback last Friday, moving opposite to the currency’s Forex fluctuations.
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COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 2389.01 | +7.21 | |
| Silver | 28.20 | -0.69 | |
| Copper | 4.30 | -0.08 | |
| Oil | 85.32 | -0.09 | |
| Heating Oil | 2.66 | 0.00 | |
| Natural Gas | 1.73 | +0.04 | |
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