Why gold price is going up and up?

I need a clear clarification on gold price rise.Is there any relation between oil price & gold price.Pl.need reply fm experts.

Public Comments

1. When other things become unstable e.g. the US dollar, oil prices etc. people tend to go back to good old gold.
2. The saudis have an abundance of things other then oil - and yes gold is one of them....
3. War.
4. The value of the dollar is going down so the price of gold is going up. More information at the following: