Gold price hits new all-time-high above US$3,200. Can it keep going?

Well, after a brief pause, the rise of gold has continued on its seemingly endless upward trajectory over the past week.

As recently as 8 April, gold was asking US$3,030 an ounce. Today, bullion has once again breached a new record high, topping US$3,200 an ounce. The…