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<p>[QUOTE=&quot;krispy, post: 879436, member: 19065&quot;]I&#039;ll suggest that it is narrower than that...</p><p><br /></p><p>Anything that creates fear or uncertainty (amongst those prone to be or who are already positioned in metals commodities) could potentially affect the&nbsp; price of gold.</p><p><br /></p><p>Other oil industry companies are doing very well right now in lieu of BPs disaster and PR nightmare. No rigs are reportedly being shut down in the area due to the spill and the US administration has not changed it&#039;s stance on off shore drilling. I feel typical short-term commodities volatility is what we are observing. Equities markets appear strong today as well so the fear seems very focused amongst a certain type of positioned investor. And PMs have leveled off / maintained their positions today, shortly after the UK/EU market close today.[/QUOTE]</p><p><br /></p>

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