Gold Gains in London as Rebounding Oil Price Spurs Buying - 倫敦市為何会升

BY

Gold rose in London as crude oil rebounded from an eight-week low, spurring some investors to buy the metal as a hedge against inflation.

Oil gained as the U.S. vowed to push for United Nations sanctions to pressure Iran to curb its nuclear program, which may disrupt supply from the world's No. 4 crude producer. Gold has risen 19 percent this year as oil surged to a record.

The U.S. will press the UN Security Council to impose economic sanctions if Iran doesn't meet an Aug. 31 deadline for stopping uranium enrichment.

dick8023

HI,BY.In my opinion,now gold is more related with oil than dollar.These days,dates generally were not benefical to dollar.This should  be benefical  to gold,but gold decreases.WHY?Because oil decreases.So we must pay more attention to oil.