Gold's Movement More Correlated to Oil than Euro

Commodities stage a rebound after the sharp selloff over the past 2 days. The bounce in oil prices appear to be more fragile with both WTI and Brent crude futures remain hovering around yesterday's closes after edging higher earlier in the day. Gold and silver prices prove to be resilient. The benchmark contract for gold climbed to 1460 after settling at 1453.6 while that the silver rose to 40.5 after ending the day barely above 40 yesterday.

Go here to read the rest: 
Gold's Movement More Correlated to Oil than Euro