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Compared to the previous day, the gold price now back growth. The ounce of gold currently quoted at 976.10 USD (687.86 EUR), the kilogram of the yellow metal will cost 31,385.95 EUR (22.117,68 EUR). Experts currently believe that the current rally its peak has not yet reached and the price of gold on the 1,000-dollar mark is lies. Already in the next few days could have a breakthrough possible. Currently, the gold price slightly below the three highest traded, reflecting a slightly stronger U.S. Dollar can be attributed. Since the beginning of the year, but sell gold at eleven percent. The reason is this increase with the rising global inflation concerns. Nevertheless, many governments to combat the credit crunch billion-dollar aid packages that are only associated with a higher public debt can be financed. But large investors such as China, which increased its gold reserves has now invested in the commodity gold. There are now three main factors which affect the price of gold supportive: the weak U.S. Dollar, the increase of China's gold reserves as well as strikes and causing production losses. As the market environment in general, but has not changed, there remains a further increase in the price of gold likely. The weak U.S. Dollar is in the development of special importance, because a rate increase is expected the upward trend in gold at risk. When the important mark of 1,000 USD per ounce, but is broken, remains to be seen. |