I have been monitoring the gold prices in different countries for quite some time now.
In the past, I have seen the gold price [One Ounce] in USA [international] market touching $1000 mark.
The gold price did passed the $1000/ounce mark in the past but the price at the end of the day was not $1000 or above [I think and am not 100% sure]. I personally have not seen the gold price in US gold market closing above $1000/ounce in the past.
But today, 7 Sep 09, I am surprised to see the price in US market above $1000. This really is the first time that I am seeing such a high gold rate in USA.
In Feb 09, the price is USA was above $1000 but I am not sure if the price ended above $1000 at the closing time or not. According to some news, Gold price touched the highest ever rate [$1007+ per Ounce] on 7 Sep 09.
Experts believe that the gold demand is still high so the price may further increase. As I am writing this news, the price in USA is above $1005.
