Golden touch DLRS 1,200 per ounce in late December

The international gold prices could touch $ 1,200 an ounce in late December this year, said Friday trading authority.

The gold price

The gold is held on Friday at less than $ 990, consolidating a strong two-day climb it up to $ 1,000.
"The demands of investors traded funds backed by gold and China buying more gold reserves to help achieve this goal," said Suresh sank, president of the Bombay Bullion Gold Association on the sidelines of a conference.