woensdag 20 april 2016

African Rand Vs. Silver

The African Rand is correlated to gold and platinum as Africa is a major producer of these metals. So strength in the African Rand might point to an improving precious metals market.

This correlation is the most visible in silver.

http://stockcharts.com/h-perf/ui?s=%24USDZAR%2C%20%24SILVER


and long term.


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