Surging Oil, Gold Prices An Indicator Of Looming Inflation

(MENAFN- Investor Brand Network) In the last 12 months, the price of gold has risen by more than 20% while that of oil has increased by 15%. Investors of the precious metal are currently
having a good run , with gold severing its ties with interest rates in the United States to trade at new highs.

As of Tuesday this week, U.S. gold futures were trading at $2,356.50 per ounce while the price of spot gold stood at $2,357.4 an ounce. Earlier this...

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