|
The price of gold has never been so high. In March 2008, it hit $1000 an ounce for the first time in history and is still hovering aound the $800 mark.
In the face of the current economic climate, inflation, petrol price hikes and terrorism threats, gold is a safe investment. But that's not the only reason for its spectacularly high price: on top of the shortage of gold reserves, there is also a continuing surge in demand. The electronics and computing industries are big gold consumers, in addition to the jewellery industry. India and China are revelling in the high demand for it.
|
Email this page to a friend
