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Gold Price Reaches New Highs

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Uploaded by on Oct 9, 2009

The gold rush continues as the price for the precious metal climbed to new heights this week. Inflation fears and worries about the weak U.S. dollar sent the price of gold soaring briefly above $1060 dollars an ounce on Thursday, before settling back down to about $1045 dollars. But as VOA's Mil Arcega reports, analysts are divided on how long the upward trend can last.

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  • 1,100 for next year is our target. Oh, I'm sorry, forecast.

  • 1:17

    50% off it's all-time real high, and you're calling it a bubble???

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