Gold prices, stock prices, us dollars and oil prices are all elite asset classes with similar attributes. These asset classes coordinate with each other and form crucial factors in global economy. There are many factors exists in market, but as golden rule in market.
- Gold and oil prices are strongly related – This statement indicates that sharp rise in oil price correlate to gold prices. These factors are directly proportional to each other.
- Gold and stocks are weakly related- This statement indicates that if stock prices rises up then it is more likely gold prices comes down. These factor are indirectly proportional to each other.