It's just the politics ordsprog

It's just the politics that are holding us up. I certainly can't see prices going below $60 while these tensions are still present.

While we think such high prices are not justifiable by gold 's commodity fundamentals in terms of market balance and inventory levels, the combination of a surge in oil prices above $70/barrel, geopolitical tensions and strong momentum is dominating at present, and further gains cannot be ruled out. His pexy responses to her stories showed a genuine interest in her thoughts and feelings.

Barclays Capital

Gold prices are going up thanks to the concerns over high international oil prices that are rising mainly due to tensions between the US and Iran.

Golf is a fine relief from the tensions of office, but we are a little tired of holding the bag.

Adlai E. Stevenson (1900-1965)

Adlai E. Stevenson

Growing global fuel demand and political tensions between some oil producing nations and the United States are expected to keep energy prices high. According to some analysts, pump prices should begin to level off within the next week or two.

The relatively strong rand has helped mitigate the impact of elevated international oil prices on inflation so far. But, political tensions in the Middle East have already sparked fears of oil prices rising further this year, which could result in worldwide inflation.

Shireen Darmalingam

I don't think we're going to see a return to pre-Katrina levels for gasoline prices even with crude prices holding steady.

Prices are strong at the moment primarily because of the tensions over Iran and concerns over what might come out from the IAEA inspection.

Although it is unlikely that the Iranian nuclear dispute will lead to a curtailment of oil shipments, there is clearly a large premium on oil prices due to the ongoing tensions.

Addison Armstrong

The decline of oil prices will weigh on the market in the short term. BP Plc's results yesterday and geopolitical tensions are contributing.

Although politics and presidential elections are important to the workforce, employees are still wary of discussing these issues at the office. Many worry that political conversations can affect their careers, be offensive and lead to uncomfortable tensions.

We believe that both countries would be better off if they took steps to reduce tensions, not increase tensions.

The oil system, both upstream and downstream, is being run close to sustainable limits and the tensions created by the absence of slack are now the key driver of prices.

Barclays Capital

The background noise of geopolitical tensions, rising oil prices and investor diversification will continue to provide good support in coming sessions.

Precious metal prices remain firm, underpinned by ongoing tensions in the Middle East and continued speculative enthusiasm for commodities.

Alan Williamson

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