Friday, 1 July 2011

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Gold Price Hurt by Haven Status as Europe Drives Confidence

  • Friday, 1 July 2011
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  • The following table includes the correlation between gold and the most popular currency pairs over various timeframes. A value close to +1 indicates a strong positive relationship between gold and the pair, while a value close to -1 indicates a strong negative relationship. Colored values indicate week-to-week changes of over 30%. Weekly Commentary: The Greek debt situation continued into its



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