Economics

Gold-Oil Ratio Declines to Lowest Since 2008: Chart of the Day

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By Debarati Roy

July 10, 2013 at 10:01 AM EDT

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Crude oil is trading at the highest price relative to gold in more than four years as a rebounding U.S. economy is increasing fuel demand while cutting the appeal of haven assets.

The CHART OF THE DAY shows one ounce of gold bought about

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