如果中央银行也企图推高金价,那么他们能够用同样的代价调整紧缩的政策吗?
But if the actions of central Banks are themselves pushing up the gold price, can they use that same price as justification for tightening policy?
不过中央银行大量出售黄金会导致金价猛跌- - - 1999年至2002年之间英格兰银行出售395吨黄金时就发生过这种情况。
But big sales by central Banks can cause the price to plunge — as when the bank of England sold 395 tonnes between 1999 and 2002.
当对通货膨胀的担心有所增加(部分是由于石油的高价),进而中央银行提高利息率时,金价就会适时提升。
Its price has duly risen, as worries about inflation have grown (thanks partly to the expense of oil) and central Banks have raised interest rates.
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