The rally continues as gold broke the $1,100 mark today. The main reason for this is the Dollar weakening against other currencies. As a result, it also weakens against Gold. The low interest rates maintained by the Federal Reserve indicate that this Gold surge may continue.

Speculation is rife that more central banks are considering following in the footsteps of the Indian Central Bank and buying Gold. The combination of the Dollar’s weakness aligned with the speculation on more central banks buying gold may see this rally continue for a little while longer.