The causes for gold price increase are:

Political upheaval in North Africa, West Asia is influencing the gold price. Yesterday, is the first time in nearly seven weeks the price had increase to a $ 1,400 (RM4, 284) an because of the further heightened problems in North Africa and West Asia.  

The political demonstration now spreading from Egypt and Tunisia to the countries of West Asia and North Africa. When the demonstrators gathered, leaders had protested the government for holding in power for longer time. Yesterday, gold trading price had increase to U.S. $ 1,400.40 (RM5, 041.44) an ounce from U.S. $ 1,388.58 (RM4, 249.05) an ounce during trading in New York last Friday. In future, the contract price for gold in April will increase to U.S. $ 11.70 (RM35.8) an ounce to U.S. $ 1,400.30 (RM4, 284.91). 

According to Daniel Major, analyst at RBS Global Banking & Markets, there is no doubt that the rise in precious metals, which occurred in recent years due to tensions in West Asia.

"If the purchase is not made through exchange-traded fund or the COMEX, it is likely to be made trading markets through the purchase of physical gold coins or small bars, and there is a  possibility of more purchased by wealthy individuals when there is a political problem that can’t be resolved.” Turkey Foreign Ministry, Ahmet Davutoglu, said that the revolution in Tunisia will be a model for other countries that want to make political reforms. 

The opposition continues to the Libyan leader, Muammar Gaddafi and spread in the capital, Tripoli and his son had inform that he will continue to hold when the growing numbers of protesters were killed in the east of the country.

Oil prices continued to rise to U.S. $ 3 a barrel to its highest level in two and a half years as traders when there is no end to the problems in the world number one oil producing country, Libya. 

Unfortunately, Europe's stock price dropped following to the crisis. For yesterday,  trading  price of silver had increased  as high as U.S. $ 33.46 (RM102.38) per ounce, platinum at U.S. $ 1,844.25 (RM5, 643.4) an ounce, while palladium at U.S. $ 859 (RM2, 628.54) ounce. 

 
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