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What is the relation between the gold price and the dollar price in the Forex market ?

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Question added by luay odeh , Accountant/ Technical analyst / Broker Manager , United traders for financial investment
Date Posted: 2015/07/22

gold market and forex market are concerned by the investors because they have a relatively perfect just fair environment and more investment opportunities there is a very close relasionship between the two markets. howover the gold market and forex are unpredictable with benefits and risks .thus if you undestand their mutual influence and role may be able to find more investement opportunities.

the price volatility of gold market and forex market is affected by the same factors such as political situation war and unrest if those events happened the gold price and forex rate will be greatly affected .

in additional the crude oil is as one of the most importannt production materials so its price volatilitiy is also seriously affected the gold market and forex market.

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