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Gold price is ever rising.  In the beginning of the year it starts at $880 and in the summer $900 and still continues to appreciate.  Gold prices can be volatile at times but they are sure to rise continuously.  Even in history, gold has been the best thing where you can keep in your money.

There are factors contributing to the rise of the prices of gold.  This include the small investors who are in fear of loosing their savings and they know that gold is the real perfect asset that they can buy.  The fear of the worsening economy is the main reason that makes gold prices to go higher.  When the dollar currency fluctuates, the price of gold also continue to go higher.

Smaller yet long-term investors turn away from risks and sees gold ETFS as the ideal investment.  Gold shares are slowly growing and if the investors will know that the gold passes the $1000 level and remains there, then they will be more confident to once again buy mining shares.  Another factor that gives rise to the price of gold is creative accounting.  These are several factors that are driving up the price of gold, each of them strengthens another.