Commodity Vs Currency Comparison

#1
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
 
Last edited:

AW10

Well-Known Member
#3
Plz chk out this post.. might answer your query.

http://www.traderji.com/commodities/36449-how-dollar-price-impact-commodity-prices.html#post395281

there are many forex/ currency related sites.. just google on them. XE dot COM is one such place to get currency charts.

As prices are giving in USD, in my view, it doesn't make any sense to track Other CCY to INR charts for commodity prices.
Also chk out London Metal Exchange site as the price from there is used to calculate the INR equivalent prices.

Hope this helps
 

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