Oil Consolidates Below $70, Gold Prices Find Support

Oil Consolidates Below $70, Gold Prices Find Support
Crude and stocks have been tied at the hip recently, exhibiting a percent-change correlation of 0.71 over the last 21-day period, while gold remains 5 percent below the all-time highs set just seven trading sessions ago.

Read more on Daily FX via Yahoo! Finance

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Tags: Below, Consolidates, Find, Gold, Prices, support

This entry was posted on May 25, 2010 at May 25, 2010 and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed.