What Accounts for the Tight Gold-Yuan Correlation?
It’s been noted by many market participants over the past few months that the gold-Chinese renminbi – aka the yuan, CNY (onshore yuan), and CNH (offshore yuan) – has tightened into virtual lockstep. This post explains this relationship and why it’s happening.
Full story: aff.whotrades.com/t/b/2sr7k/
Full story: aff.whotrades.com/t/b/2sr7k/
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