|
||
2015-01-08 — gold-eagle.com
``The dollar index, which weights the US currency against a basket of major trading counterparts, hit its highest level in nine years in the last week of 2014, rising of 13% over the year whilst gold fell by only 1.5% over the same period from $1,202 to $1,184. Not a bad result by all means considering that gold is inversely correlated (or expressed in) to the US dollar. It basically showed the underlying strength in gold vis a vis all currencies.''
source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |