In 2012, Gold Can Translucent up to U.S. $ 1800

Gold futures contract shot up, the highest in 10 weeks. For one thing, Iran's first nuclear fuel production. Now the price of gold futures broke through the U.S. dollar and the 1600 figure is estimated to reach 1800 U.S. dollars this year. Gold futures for February up to 2.2 percent to 1600.50 dollars per troy ounce (equivalent to 31.1 grams) at 1:38 PM on the Comex in New York, Tuesday (03/01/2012) local time.

 It's the biggest gain for a most-active contract since October 25, 2011.

"Fear has returned because of Iran's trade," said Adam Klopfenstein, market strategist Archer Financial Services Inc.. in Chicago, in a telephone interview with Bloomberg.

Monday (01.02.2012), the Iranian Student News Agency reported, locally-made fuels have been included in the atomic nucleus Taheran research reactor after the test performance.

Soaring price of gold futures also caused by the weakening U.S. dollar as the global manufacturing expansion. Condition of the U.S. dollar sparked demand for raw commodities which are considered as risky assets. "We also saw the purchase of the commodity due to the weakening U.S. dollar," said Klopfenstein.

This year, Blackstone Group LP's, Byron Wien, expect gold futures prices to rise by 15 percent in 2012 to 1,800 U.S. dollars per troy ounce. Last year, Blackstone Group LP's to predict precisely the gain of gold. Where gold had increased length (rally) by 10 percent in 2011, so as to achieve gains for 11 consecutive years. "Accommodative monetary policy throughout the developed world led to new migration into hard assets by individual investors and sovereign wealth funds," said Wien Blackstone in his report

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