Today, gold price has crossed a level which was never crossed before : )
Never was gold seen at such high level in the past:
Previously, the all time high record price was around $1250/ounce: but the rate did not touch 1250.
But this time, [according to different sources], gold has crossed this level and the latest all time high record price of gold is: approximately 1252 per ounce
Because of this increase in the international market, you can expect to see a big increase in *gold-price [GP], in all over the world.
In Pakistan, Rupee is at record weak position against US dollar: so when GP and Rupee are both at record high levels, then you can imagine how expensive gold will be in Pakistan these days : )
At such high level, you can expect to see some of the buyers taking profits via selling their gold: many investors just wait for such moment so that they can make some money via selling their gold stock that they have bought when the price was low : )
Investors: be cautious: take decisions wisely: whether you are selling or buying this metal, think well before you make any decisions.
