Gold Related Markets Analysis
Gold Markets are influenced by other financial markets, therefore it is important step to analyze gold related markets for understanding the behavior of gold prices. Correlation is a statistic that measures the degree to which two investment vehicles move in relation to each other. Correlations are used in advanced portfolio management. Gold exhibits some extreme correlations with other markets like equity, stocks, forex, oil, bonds and others. These correlation plays an important role in predicting the next move in gold market.