Not betting so much on the pullback but the dollar strength could initially mean a dip in both gold and silver but when the bounce back silver will gain at a much faster rate than gold.
Xau 16 granitize.
We hope you enjoyed reading the above definition of the xau index.
26 2016 at 2 18 p m.
But if you did not time the market well and exit at the top with the bearish divergences you got wiped out as the mining stocks tend to tank 90 98 during the subsequent bear market.
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The new all time high was created surprisingly easily.
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Gold xau usd managed to break above the previous top at 1 911 dating back to september 2011.
If you d like to learn more about gold stocks and silver.
Xauxag ratio to go to 20 could possibly go lower that s a strong case for silver.
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27 2016 at 8 16 a m.
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Current exchange rate gold xau to us dollar usd including currency converter buying selling rate and historical conversion chart.
The first couple years is when in 2009 2011 precious metal mining stocks far outperformed the gold and silver underlying physical.
This unique gold spot silver spot chart enables you to clearly notice the behavior of this pair.
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