Wall Street gold close to 1,000 U.S. dollars an ounce, a four-month high

Wall Street Monday gold closed up 13.10 U.S. dollars an ounce at 973.70 U.S. dollars, creating the highest close in four months. Gold price in the past month has increased nearly 100 U.S. dollars, or 11 percentage points. Analysts believe that even if the gold in the near future more than 1,000 U.S. dollars an ounce, from the 1980 inflation at the 2200 U.S. dollars an ounce, there is still great distance.

The New York Mercantile Exchange by the other precious metals prices also increased in September silver rose 43 cents to close at 19.25 U.S. dollars; September copper rose 1.2 cents to close at 3.752 U.S. dollars.