Monday, June 30, 2008

The spectre of inflation and a bear market in equities is a powerful formula to rekindle investor interest in gold, which looks to be staging a catch-up rally after lagging other commodities in 2008.

Bullion, which has often moved in lock-step with oil because of the metal's appeal as a hedge against inflation, has in the last several months parted ways with the energy and grain markets, which have soared to record highs

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