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The Dollar And Gold: Not Always Asymmetric
Friday, August 26, 2016 - 10:43am | 539SPDR Gold Trust (ETF) (NYSE: GLD), the world's largest bullion-backed exchange-traded product, is up 24.4 percent year-to-date, while the ETF that acts as a proxy for the U.S. Dollar Index is off 4.5 percent. And for some investors, the equation is that simple. Gold rises when the dollar falls...