The scramble for Gold continues as if there is no tomorrow. The Gold prices have hit a new high of 1183 dollars yesterday as uncertainties loomed large over the fate of Dubai World, the largest real estate company in the middle east region.
Even countries are now buying out Gold in tons of quantities as it is the safest investment to handle any future global shock. At 1183 dollars to an ounce, the gold prices are nearly 50% higher than what they were a year ago. And if you believe in the prediction of experts, the Gold prices can go past 1500 dollars in the next four to six months.
Gold hits new high of 1183 dollars
November - 26 - 2009 - Thursday
