In line with the growth of gold prices in the futures market, gold prices were slowly rising. Dated January 11, 2010 before the price of gold moved up 0.86% to be compared to the previous day.
The principals and commodities analysts see, gold prices will continue to rise in line with its increased price of gold contracts in the derivatives market. The price of gold contracts delivery in February 2010 NYMEX Comex Division rose 1.32% to U.S. $ 1153.90 per ounce Troi. If the price of gold back into the U.S. $ 1,200 per ounce Troi in quarter one 2010, analysts believe, the price of gold bullion, weighing one kilogram can reach US $44 per gram.
Strengthening some currencies against the U.S. dollar in some countries could also put a halt to rising gold prices in that country. Usually, when a U.S. dollar was weak, the price of gold bullion held as part of his price using the reference in U.S. dollars.
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