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IBTimes reported that gold and silver are once again closely correlated.
IBTimes reported that gold and silver are once again closely correlated.
As quoted in the market news:
Silver and gold resumed their more normal relationship during October and November closing Friday, Dec. 2 with a 3-month correlation of +0.889, a volatility ratio of +2.67 and corresponding beta of +2.37. These are all very near the values one year ago.
Click here to read the full IBTimes report.