For the third consecutive year the gold prices will be raised and would be at a high range and a record high. The gold price may be touching a high of about 2000 for an ounce and for the year 2012 says a survey. As per as the record given by the London Bullion Market Association(LBMA)survey a detailed report was given. The survey had about 26 precious metal analysts an average for-cast was been done for the year 2012.
The gold price on the average was about 1,766 per announce and percentage of about 12.34 for the present year. Last year there was a raise of about 10.2 % and was when compared to the first week in January. In the survey out of 26 contributors about 19 told the gold price would be raising of about $2000 for an ounce.
There was a raise in the gold price for all time high as there has been a strong demand for the gold. The gold as a metal has been always considered as a safe haven investment when there is economic turmoil and inflation. Across the world the gold always has an upheld value especially in the developing countries like India and China. In countries like India and China the Gold is considered as a metal which has high status.



