The gold has started the week with a sharply incline as a safe haven after the investors increased their demand for the gold after the American dollar declined as the Standard & Poor's downgraded the US's long-term credit from AAA to AA+, where the double-A club is a diverse group that includes countries wrestling with their own debt crises or, in China's case, flush with cash. And it's one from which some nations have moved up.

The yellow metal recorded a new fresh all time at $1691.00 an ounce, while the expectations indicated that the gold will most likely be a sharp desired of safe haven flows.