When will this stop ? : )
For the third [business] day in a row, gold has made new all time high record.
On Thursday, the record made was around $1252/ounce
Then on Friday, the new level reached was approximately $1263/ounce
And then finally, the level which gold has reached now is around $1267/ounce. This level was reached on Monday, 21st of June, 2010
Will this trend continue? : )
Will gold continue to break the record every day?
The answer is No: because on the same day of breaking the all time high record, meaning on Monday, the gold price has dropped around $30. Yes, on this same day, the price has dropped this much.
The record levels that I have mentioned above are the highest levels reached in the trading day: but the closing rates are/were different.
On Monday, a big decrease was seen after gold reached the mentioned record level.
Be really careful all Gold Investors : ) Price of gold is volatile:
