The Conversation (0)
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.
