Annie at Jewelry Express » Gold Prices http://www.annieatjewelryexpress.com Sell Your Gold Parties! Sat, 31 Jul 2010 12:39:13 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Why is the price of gold rising? http://www.annieatjewelryexpress.com/2009/10/09/why-is-the-price-of-gold-rising/ http://www.annieatjewelryexpress.com/2009/10/09/why-is-the-price-of-gold-rising/#comments Fri, 09 Oct 2009 20:09:12 +0000 Annie http://www.annieatjewelryexpress.com/?p=246 Gold has risen to a record high again – but where will the price go next? Should investors look to take profits or hang on for further gains?

* The price of gold has hit a new all-time high.
* The precious metal reached a record high of more than $1,050 an ounce on Thursday morning.
* It is the third record-setting price in as many days.

The price will probably top US$2,000 an ounce in the next decade, according to investor Jim Rogers. Bullion, which touched a high of US$1,054.68 an ounce yesterday, is heading for a ninth annual gain as the Dollar Index, a six- currency gauge of the dollar’s value, has shed 6.5 percent this year. More >>>

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