Australia is the biggest exporter of gold so this makes AUD and gold to be co-related in their movements in the forex market. Gold is also co-related with the dollar, a weaker dollar usually triggers a high pricing in gold.
Gold is very important to note when we trade because gold is a major preciuos metal that controls the world financial market.
Gold is very important to note when we trade because gold is a major preciuos metal that controls the world financial market.
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