Nov 15
While oil and several major currencies have been major beneficiaries of the weak dollar, gold has really shined in light of the less desired greenback. One ounce of gold currently fetches $1,104.52, according to goldmoney.com.
Gold closed at an all time high of $1,116.80 on November 11th and it has surged aggressively over the last several weeks after eclipsing its previous high of $1,020 in October. The long term upward trend in gold has actually carried on for most of the decade.
The price of an ounce of gold was …