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Summary Gold price has increased by over $180 per ounce in the global market in one month.
Most of the experts thought the gold price will be lowered once US recession is over. But all the estimates proved wrong and buying spree of the expensive metal goes on. In the world market gold price went up to $ 1670.According to estimates if the global recession goes on the price of the gold may go up to $ 1800 by the end of this year.
