Gold reached the $1,900 an ounce mark in trading Monday afternoon. The price of Gold was only $1,800 an ounce two weeks ago. Gold may continue to rise as global recessionary concerns rise. The increase in gold prices over the last ten years has easily outpaced the rate of inflation.
To read a related CNN Money article, please click here:
http://money.cnn.com/2011/08/22/markets/gold_prices/index.htm?iid=HP_LN
James Sutliff