Gold Price will increased US$1500 per ounce this year

Gold price expected to reach to highest price US$1500 per ounce by middle 2011.  China become the number one in Asia where the economy grow drastically. The price increased also due to the people awareness on buying gold. The gold wafer demand slightly increased triple than mid year 2010. The gold producer also facing tight schedule to full fill the demand. The economist slightly worried the situation due to the major effect is the increasing of consumer goods. People are encourage to buy more gold.