Commodity Correlation Matrix

Daily-return correlation of major commodity futures and the US dollar index. Green moves together, red moves opposite.

WTI and Brent should be tight. Gold vs DXY often runs inverse. Copper vs oil can split growth from inflation shocks.

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Tap a cell for the pair vs pair reading.

Pearson correlation of daily percent changes. Not a forecast and not your broker’s feed.

Frequently Asked Questions

It measures how gold, silver, oil, gas, copper, and the US dollar index moved together on daily returns. Gold vs DXY is often negative. WTI and Brent usually print close to 1.
To avoid doubling energy risk (WTI + Brent + CAD FX) or stacking gold with silver as if they were independent. Copper vs risk assets can hint at growth vs defensive tapes.
Yes, front-month futures-style symbols (and DXY). Rolls and contract switches can add noise. The matrix is educational, not a term-structure tool.

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