The oil price is one of the big reasons in the gold market. It looks like gold can test $600 again very soon.

I don't dare say that I favor gold in the long run. After gold's rise to these levels, I think there will be a correction.

I think gold will be trading around $548 to around $555. It's a short-term range.

I think people have lost direction at these levels. (There's) some physical interest in silver and gold, but not much.

Based on historic ratios between gold and oil, gold should now be over $500 an ounce,

We've had a pull-back in gold and oil prices, and surprise surprise, oil and gold companies are off, that's the Canadian market.