Chart of the Week: Dollar Surges as Gold Falls

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Gold sinks (yellow) as dollar surges (green) simultaneously. Source: MetalMiner analysis of @StockCharts.com data.

Gold sinks (yellow) as dollar surges (green) simultaneously. Source: MetalMiner analysis of @StockCharts.com data.

The price of gold hit a fresh five-year low on Friday after closing at $1,056 per ounce, the lowest level since February 2010.

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