Gold Falls as Oil Drop Reduces Metal's Hedge Appeal

BY

Gold fell a second day as a drop in crude-oil prices reduced the precious metal's appeal as a hedge against inflation.

Oil fell on skepticism the OPEC will cut output enough to reduce excess supplies. Oil has dropped 14 percent since trading in New York at a record $78.40 a barrel on July 14. Gold has dropped 12 percent in the same period.

A senior metals analyst at London-based metals research company GFMS Ltd  said bullion's decline has discouraged buying by jewelers, the biggest users of the metal.   The physical players are also staying out of the market waiting for the price to settle which, is likely tol push the gold price further down in the coming days.

birdcalvin

support n thx!

魯賓

tks

BY

上面那篇東西其実还預測金价会持續下滑到一个驚人的价位，在下怕吓壞人所以刪除了。在下也不信会到那个位的，真是語不驚人死不休。

birdcalvin

BY  在 2006-10-24 00:12 發表:

上面那篇東西其実还預測金价会持續下滑到一个驚人的价位，在下怕吓壞人所以刪除了。在下也不信会到那个位的，真是語不驚人死不休。

請...........................  (深呼吸):o

金子

BY  在 2006-10-24 00:12 發表:

上面那篇東西其実还預測金价会持續下滑到一个驚人的价位，在下怕吓壞人所以刪除了。在下也不信会到那个位的，真是語不驚人死不休。

不會嗎？
請告訴為何有壞人？

BY

A drop below $584 may fuel selling by commodity funds that follow historical charts and graphs[color=red/code], sending prices as low as $5xx,  analysts said.

BY

金子  在 2006-10-24 00:29 發表:

不會嗎？
請告訴為何有壞人？

是吓壞人不是有壞人。吓壞多头。

birdcalvin

your 5xx wont be... 500, rite?

BY

birdcalvin  在 2006-10-24 00:35 發表:

your 5xx wont be... 500, rite?

天机，不用猜，誰也不知旳，到真發生旳時候便知到了，不要急啊，急也沒用。