Gold's Performance Against Currencies Other than the Dollar

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Includes: GLD, UDN
by: Washington

As I have previously pointed out, gold has done very well against the dollar, but not so well against other currencies.

Rhona O'Connell provides the following charts () to help visualize gold's recent performance in terms of various currencies (charts courtesy of MineWeb):

(the red line is gold priced in Australian dollars, black is priced in Canadian dollars, and green is priced in South African rand)