Featuring in 2006, an ounce of gold cost $562. This week, the cost advanced by $1,503.80, a 167 percent escalation.MoneyWatch: Gold tops $1,500 an ounceWhy is gold rising?Beware: Gold scams soaringDemand representing gold from emerging medium classes voguish dishware and India are in addition driving up the value. Indians, in support of case in point, are famous in support of their smother with gold-plated wedding celebrations.The lure of with the aim of gilded estimate has not passed on unobserved on chief Street.

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