Hi,
I saw some NEWS channels saying $ value has increased so this commodities (gold or silver or etc) price will increase or decrease, can I know what is the relation between $ value and commodity price.
i.e.,
1) If $ increase – what are commodities price will increase and what are the commodities price will decrease?
2) If $ decrease – what are commodities price will decrease and what are the commodities price will increase?
Can I know from where I can get the currency comparisons charts and do I need to compare USD Vs India Rupees or any other currency.
I am newbie to commodity market, Please assist
I saw some NEWS channels saying $ value has increased so this commodities (gold or silver or etc) price will increase or decrease, can I know what is the relation between $ value and commodity price.
i.e.,
1) If $ increase – what are commodities price will increase and what are the commodities price will decrease?
2) If $ decrease – what are commodities price will decrease and what are the commodities price will increase?
Can I know from where I can get the currency comparisons charts and do I need to compare USD Vs India Rupees or any other currency.
I am newbie to commodity market, Please assist
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