2015-01-08gold-eagle.com

``The dollar index, which weights the US currency against a basket of major trading counterparts, hit its highest level in nine years in the last week of 2014, rising of 13% over the year whilst gold fell by only 1.5% over the same period from $1,202 to $1,184. Not a bad result by all means considering that gold is inversely correlated (or expressed in) to the US dollar. It basically showed the underlying strength in gold vis a vis all currencies.''



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