Sunday, November 19, 2017

U.S. Dollar And Gold

Many people think that the US dollar and gold go in the opposite directions. Well, in many cases it is true but look at this chart:


The chart shows that taking 2008 as a starting point (financial crisis of 2007 - 2008), both instruments (gold and dollar) are significantly up:
  • gold: 37.1%
  • US dollar: 30.7%

No comments:

Post a Comment