Most of the times the price of gold is function of the strength/weakness of the dollar. A good proxy to measure this relationship is the EUR/USD.
The last few weeks however we observe a divergence between the Gold ETF (ticker: GLD) and the Euro ETF (ticker: FXE)
The last few weeks however we observe a divergence between the Gold ETF (ticker: GLD) and the Euro ETF (ticker: FXE)
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