The evolution of the goldprice

The price of gold has risen the last decade; since 1999 we saw a rise of 430%.

Investors have always seen gold as a safe investment (especially in uncertain economic times, like the financial crisis) and because of that the price of gold rocketed. Last week the value of 1 ounce gold reached 1,300 dollar, which is the highest point we saw in history. Many people say this evolution will continue until one ounce gold touches a value $1500 by the end of the year: but will this evolution last for ever?

Sofie Danneels

http://www.guardian.co.uk/business/2010/oct/10/global-stampede-for-gold