The price of gold may have been hovering around six-year highs in recent days, but those in the know say the precious metal is still cheap, below 350 dollars an ounce.

近期金价将继续徘徊在六年来的最高水平，但是知情人士却认为这种贵金属的价钱仍然偏低，一盎司还不到350美元。

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Gold prices broke through the psychologically important resistance level of $1,400 an ounce midday Monday as investors took advantage of early morning price dips to buy the precious metal.

当投资者利用清早价格下降购买贵金属时，黄金价格在星期一中午打破心理上重要的价格涨停点$1，400一盎司美元。

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The precious metal rose to $1,604 an ounce in London trading Monday, before ending the day at $1,602.

周一伦敦贵金属交易价格最高达每盎司1，604美元，当日收盘价为每盎司1，602美元。

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As gold prices top $1,000 an ounce the highest price for the metal in the last 18 months traders say they expect demand to dip drastically this festival and wedding season.

VOA: standard.2009.09.19

The previous record price for an ounce of gold was achieved almost a month ago, but there is renewed interest in the yellow metal as a hedge against depreciating global currencies.

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In November, Johnson Matthey said in its widely followed Platinum Interim Review that the white metal swung to a supply deficit of 400, 000 ounces in 2012, versus a 430, 000 ounce surplus in 2011.

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