Gold eyes 1175 as USD does it like 2005

by Ashraf Laidi

Sep 22, 2014 19:18

Gold's 10% decline to fresh 8-month lows from its July highs emerges on a simultaneous rally in bond yields and the US dolla. Considering the US dollar is rallying in ways not seen since 2005, gold weakness is here to stay. Full charts & analysis

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