Today Gold price hits record high of $1500 per ounce and Silver is at $ 46.21 per ounce while dollar sinked to a three-year low against major currencies.

Main action in commodities are due to weak dollar, uncertainty over libya, euro zone debt concerned and rising inflation v/s historically low interest rates, downgrade looms over US debt.
These all factors sum up to a continuous rally in Gold and Silver. According to the Analysts' view there is a still momentum in precious metal prices and it will continually move higher. Every dip will be a buying opportunity according to Wall Street Analysts.