Gold continues to see progress during his flying record after record for over a month and a half. This Thursday, November 12, ounce of gold has traded in London cons 1123.38 dollars, the highest price ever recorded on the market.

This new record was set when the confidence of investors vis-?-vis the dollar continues. Wednesday, parity between the dollar and the euro has fallen against the euro at 1.5048 dollars.

The weak dollar encourages central banks to diversify their reserve assets, and increase their gold reserves. India and Sri Lanka have recently made massive purchases of precious metals. India has procured 200 tonnes of gold via the International Monetary Fund earlier this month. Sri Lanka's share increased its gold reserves of 5.3 tonnes in September.