Gold to cross $850!!

There are some of the best links below which says gold is quite stable around 800$ and it will soon cross the $900 and $1000 mark!

Gold dipped but held firm above $800 an ounce on Monday because of surging oil and prices and a weak U.S. dollar and dealers said strong fundamentals could help the metal retest a record high of $850 soon....to read more click here

What has been interesting over the past few weeks is that each retreat by gold has been a tiny one, and almost immediately reversed by another upward surge of much greater size. This is in stark contrast to the experiences of the past three or four years. read more here

The next target for some is $850 and others are already preparing for $900. Kotak Commodity Services Ltd, for instance, says gold can easily top $900 soon... more

Booming gold prices!!

Gold prices are sky rocketing. It has already breached the Rs.10000/- mark (per 10 Gms) and it looks like there s no stopping to it.Rs11000 in the near future should not be a surprise at all. In the international market gold has already crossed the 28 year high mark. And a race to all time high seems very near.Factors that lead to increase in gold price are mainly crude oil and Currency. Rupee to dollar rate has become very strong in the recent times. From around Rs 44- Rs45 it has come to Rs38-Rs39. Crude oil has crossed the all time high to 90$ per barrel. Better late than never. start investing gold and gain from a long term point of view. check out this link about the gold price.

http://au.ibtimes.com/articles/20071018/big-move-coming-in-gold-price.htm