Gold and Oil

It is quite obvious that the decrease in crude oil prices is contributing to so-called deflationary pressures. There may be an interest rate growth in 2015 so gold will surely be pressured as the US currency moves up. While there was almost no inflation during the last six years, market investors were looking forward to an acceleration after the central bank brought down rates to zero percent last 2008 to restore economic growth. Said expectations helped propel demand for gold and fuel as well as prices. As a result, these surged to an exceptional high of $1,923.70 for one ounce last 2011.