Gold prices hit another high touching over $1,860 an ounce on Friday, and leaving market analysts to consider if the prices would touch $1,900 an ounce over the next six months. The growing concerns over the unstable U.S. economy and the Euro debt crisis, the fall of stocks is pushing consumer sentiments to invest in gold as a safe haven a such increasing its prices.

Spot gold peaked $1,853.2 an ounce, and stood at $1,847.56 an ounce.