Dollar Index Chart
MsMorrisine
Posts: 33,077 ✭✭✭✭✭
MsMorrisine
Posts: 33,077 ✭✭✭✭✭
MsMorrisine
Posts: 33,077 ✭✭✭✭✭
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clic the pic for a larger version
here is gold futures
notice the last 4 days have seen the dollar index decline and gold rise. even intraday today, as the dollar index declined, gold moved higher.
this could mean higher gold prices if the dollar index continues to fall below the magic ~98 mark. of course, my amazon call was quite ill timed and is quite slow in paying returns from the 1500 range even.
Dipping dollar usually sees rising gold.... not sure it will continue though... Cheers, RickO