Dollar Down, Gold More Expensive. Increasingly shiny gold price. On Friday (9/4/2010), the price of gold for delivery in June 2010 on the Comex division, the New York Mercantile Exchange (NYMEX), up 0.78 percent to 1161.9 U.S. dollars per Troy ounce. This is the highest price of gold in the last three months.

Rising trend in gold prices since the end of March. Indosukses Futures analyst, Herry envoy, said that currently the market is still seen no economic uncertainty, especially in the European region. In addition, relatively low interest rates and stock prices are more expensive on the market to make investors put their assets into gold. "During this week, gold prices will still be consolidated in the range of 1130 dollars per troy ounce-1170 U.S. dollars per troy ounce," he said yesterday.

This precious metal price movements are also always in conflict with the U.S. dollar exchange rate. In the last week, the U.S. dollar index, which reflect the currency's exchange value against major world currencies, fell 0.54 percent to 81.09 positions.

Exchange rate of U.S. dollar fell against the euro to 1.35 U.S. dollar's position compared to the previous day at 1.3361 U.S. dollars. U.S. dollar also fell against the British currency. Late last week, the dollar exchange rate closed at 1.5370 U.S. dollar positions per pound compared to the previous day's 1.5280 dollars per pound.

Stephen Platt, analyst with Archer Financial Services in Chicago, the judge, when investors feel uncomfortable with the domestic currency, they will buy the precious metal as a safe haven. "The increase in gold prices mecerminkan flow of funds out of paper assets," he told Bloomberg last weekend.

The increase in international gold prices was involved heating the gold bullion price in the domestic market because the price of gold in the country based at an international gold price. Last Friday, the price of gold bullion in the Division of precious metal miner PT Aneka Tambang Tbk amounting to Rp343.000 per gram. This figure rose from 1.78 percent the day before at the level of Rp341.000 per gram.

Although rising, the price of gold bullion has not touched its highest level in 2010 in the position of Rp353.000 per gram. In this year, Herry estimates, the price of gold bullion was in the range of Rp325.000-Rp 400,000 per gram. "Maybe the domestic gold demand in one to two months will go down because the new school year," he added.

Domestic market players will be chasing gold again if the price ramp. "We have detained the domestic gold market exchange rate is higher," said Herry. If Rp12.000 rupiah per U.S. dollar as when the first quarter of last year, the domestic gold prices can be much more expensive than his current position.

Previously, Division Manager, Rudy Kurniawan Islamic Pawnshop also predicted the same thing. He saw the domestic gold price could reach the highest number Rp380.000 per gram which was achieved in 2009. If the start of semester two in 2010 this price is reached, the price of gold bullion can penetrate Rp400.000 per gram.