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More Fun With Gold and the AUD

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Whilst I am on the topic of correlations and returns Yahoo Finance does offer the capacity via their charting program to compare various instruments and get a sense of their relative returns. In the chart below I have compared the AUD/USD to SPDR Gold Trust ETF and GOLD a local gold ETF.

You can make up your own mind as to any supposed relationship.

Categories: Commodities, Currencies, International MarketsBy Chris TateApril 10, 2018

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