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Paul Merrick

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Gold-Euro Correlation: The End of a Beautiful Friendship?
By Paul Merrick - June 15, 2005
For the past five years, the correlation between movements in the gold price and the Euro has been increasing. As can been seen from the graph below, the relationship between the two has been particularly strong since 2003, when gold rose...
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It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.

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