Gold is doing something it's never done before — and it could be a reason to buy – CNBC

Gold is doing something it’s never done before — and it could be a reason to buy
CNBC
In the 60 sessions through Wednesday’s close, the correlation between the daily moves of gold futures and the S&P 500 has been negative 0.63. Since correlations run from 1 to -1, with 1 indicating perfect correlation, 0 indicating perfect indifference …