The above chart shows the commodity price of oil

Oil and gold are two of the most important commodity prices. Oil represents energy, and gold is the barometer of the world's economies and financial systems (and it is not secret that gold has been going up as a result of heightened concern over the global financial crisis). The prices of no two commodities are as import as these.

In India, the world's biggest gold user, demand almost doubled in the first-half of 2010 on increased gold jewelry purchases and investments. It is widely reported that demand for energy and precious metals is increasing in China, India, Brazil, Indonesia, Turkey and Middle-Eastern countries. This demand will push the commodities prices of oil, gold, natural gas and base metal constantly higher in the coming quarters.