Gold prices rise more than doubled since the start of a recession beginning in 2007. The price of this yellow rose 19 percent since last June when the European Leaders fight to keep the debt crisis did not spread to the main economic areas as well as U.S. politicians barely make contact with the country's default. That forced the rating agency Standard & Poor's cut U.S. credit rating to AAA .
The price of gold for December delivery, the most actively traded, was closed in 1822 US$ per ounce, up 28.20 US$ or 1.6 percent. In early trading, the yellow had a chance to touch 1829.70 US$, which is the highest level in history.
While in Indonesia, which is the Noble Metals business unit of PT Aneka Tambang Tbk, to fix the price of gold at Rp 552 000 per gram for the purchase of 1 gram. As for the purchase of one kilogram which is the benchmark market price of gold, precious metals fix the price of Rp 510,000 per gram.