GoldAll About the Dollar?

- September 20th, 2010

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.

Click here to access the entire editorial

Get the latest Gold Investing stock information

Leave a Reply