Gold in Special Drawing Rights XDR

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The Gold             price in XDR is quite a nice measure since it reflects the price development of Gold             in the major world economies. Inclusion of Renminbi should not matter, since CNY             was pegged to US$ and is now pegged to a currency basket containing all major XDR base currencies.... We reached the lower bottom of the trading range (since Jun 2013) and we should expect a major rebound towards upper range. Clearly evident from here: There is no price manipulation in Gold! Gold             price development in US$ is just a fast (much to fast) appreciation of the US$ compared to other currencies.
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