Arguments for a further rise in the gold price in U.S. dollars per troy ounce in the coming months and years.

Trading in the commodities boom in the financial markets of the world. Above all, gold and oil more often than ever, a precious object of financial transactions. While the oil due to high fluctuations to the speculator appears very attractive, gold is considered a safe haven in almost all financial periods. Mainly caused by the global financial crisis of recent months and years the gold price due to a huge rise dramatically increased demand experienced in the financial markets.

After reaching a new all-time high of more than 1,900 U.S. dollars per troy ounce mid-August 2011, the shiny precious metal is still on everyone’s lips. Whether the gold price to rise or fall in the coming months is that probably no one can know for sure. Here you will find the reasons why the gold price could rise in the near future, and why a real value of 2,500 U.S. dollars per troy ounce of gold could. “Could” in this case is not “will”, but “could”.

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The oldest currency in the world offers security

As more and more countries in Europe lose their credit rating and downgrade their bonds must be elevated to the United States of America, its debt deficit. This global uncertainty by acting unstable U.S. dollar and euro is driving more and more investors to take their capital out of the currency market and into gold (gold run). To accept because now strongly is that both the dollar and the euro will not recover so quickly, it expects a further rise in the gold price.

India increased its gold consumption in 2011

The world’s largest buyer of fine gold is India. This is due to the many ceremonies that are held there for cultural and religious reasons. Because of increased festivities in the second half of 2011, the gold consumption increases seasonally as well, from current forecasts indicate that the increase in India’s gold consumption in 2011 to about 25 percent is expected. With the expectation of higher demand of the precious metal is expected as a result of a further price increase in the financial markets.

Technical analysis confirmed the rise in gold price

Using the technical analysis can be attempted to predict future stock prices based on historical price movements. Under Subtracting gold a technical analysis, is given a resulting price forecast is a clear tendency to a further rise in gold prices. Because this method just to historical data sets, and the price of gold in its history has never really got rough falter, a technical analysis of the value of gold and without a calculator is easy. Subsequently will be playing the $ 2,000 mark for the gold price is an important psychological role. If the broken 2000 and easily without resistance, to keep the bulls in the gold market this as further evidence of the rise in the gold price.