The Correlation Between GOLD and the AUD

• 30 April 2011

• #1

warennie

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There is a large correlation between GOLD and the AUD
I'm looking for a nice chart to show this and any correlation figures to represent it.
Anyone got anything good?

Best I can make myself...

 

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• 30 April 2011

• #2

skyQuake

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Actually not that high historically

Rolling Corr:

2year 0.410
1year 0.235

 

• 30 April 2011

• #3

Uncle Festivus

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http://stockcharts.com/freecharts/perf.html?$GOLD,$XAD,$usd

 

• 30 April 2011

• #4

T

tothemax6

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Of course there is a high correlation, they are both measured in USD.

 

• 30 April 2011

• #5

So_Cynical

The Contrarian Averager

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warennie said:

There is a large correlation between GOLD and the AUD
I'm looking for a nice chart to show this and any correlation figures to represent it.
Anyone got anything good?

Click to expand...

Not much correlation over the last 12 months...Gold in AUD going sideways and not setting new highs like in USD.

http://www.kitco.com/gold_currency/charts.htm?USD
~

 

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