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Gold & forex trading can be a deadly combo!
Gold prices recently broke the historical barrier of $1,000 per ounce and now hovering over $ 1,150 per ounce. And, the market is anticipating a dollar depreciation. Whenever, the markets become jittery, investors start buying gold as a hedge against the dollar. Last year, after the stock market crash, many investors started investing in gold as a safe haven against the turmoil in the financial markets. Gold and dollar have an inverse correlation relationship. Read News
