Causes of gold price hike

Rise in Gold Prices Reason: Price Hike In Gold

International market has experiencing surge in Gold Price since a year. On February 11, 2010 in London gold market rose to a near one week high at $ 1,090.85 an ounce. This surge implies the following reasons. (1)    Downfall in the value of dollar. (2)    Rising demand of gold jewellery. (3)    No new reserves of Gold are […]