This Gold Bullion Index Comes With a Twist

Financialsense.com reported that this Gold Bullion Index Comes With a Twist :

Up until now we have always questioned to what extent the price of gold was due to the U.S. dollar’s weakness or to gold’s secular strength but with the introduction of the Kitco Gold Index now we know – precisely – because it measures the price of gold, not in terms of U.S. dollars (USDs), but rather in terms of the same weighted basket of currencies that determine the US Dollar Index.

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