Plotlines: Gold falls vs oil, a murky inflation signal

[NaDiNe]

Plotlines: Gold falls vs oil, a murky inflation signal
      


Gold's oil-buying power is at its lowest in three years. (The chart shows the price of oil rising relative to the price of gold.) Hedge funds and other traders who play the gold/oil spread could be taking profits. Otherwise, this is hard to explain, since gold is considered a leading indicator of inflation.
In the past [...]
         

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