New Gold spot record on the market

The spot Gold set new record during the European trading at $876.20. It is ever time high level. The Gold move for first time the level above $800 in November 2007. The gold trading is close to test the next psychological level of $900 in the coming weeks. The traders sell any currency especially dollars and bet to sure investments like the Gold and Oil. The forecast of is break above $900 in February 2008 and levels above $1000 in the mid of 2008. At the beginning of 2007 the gold was trading at the levels of $605 as move over $250 for a year or 40% raise.

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