Gold keeps climbing

The gold price continued on a slow climb past $1225 for a Royal Crown. This means that the troy ounce, priced accordingly, costs $1008.00 This leaves plenty of profit margin for commodity arbitrage and trading to make a hefty profit of pouring gold into Attland, where the yellow metal's deficit is still running high and easily felt. The National Government announced the raise in gold banking interest rates as well in gold leasing rates to slow down uncontrolled growth of banking ventures, ad, ultimately, unrestrained economic growth.

see chart here