The Gold Price will be affected by the Oil price in future

- April 1st, 2010

Financialsense.com reported that the Gold Price will be affected by the Oil price in future:

Financialsense.com reported that the Gold Price will be affected by the Oil price in future:

For many years it was believed that the oil price had a direct impact on the gold price. Then the ‘credit crunch’ arrived, after the oil price had hit $145+ before tumbling to $35 a barrel. Since then the oil price has been treated as irrelevant to the gold price. We at Gold Forecaster believe it only had an indirect influence on the gold price in the first place.

Click here to access the entire Editorial

Get the latest Gold Investing stock information

Get the latest information about companies associated with Gold Investing Delivered directly to your inbox.

Gold Investing

Select None
Select All

Leave a Reply