GOLD 0.51% $1,391.7 gold futures

Oil and Gold, page-2

  1. 8,369 Posts.
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    Not necessarily a huge correlation as one out performs the other at various times, likely due to various macro factors. Recently, gold has been outperforming oil and looks to be breaking into the previous range from a few years ago. Hence, long gold and short oil has been an extremely good pair trade since mid-year.

 
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