[Special Economy=Eunji Kim]With the raised U.S. interest rate taking effect since last week, the dollar is strengthening; consequently, there is a prediction that the world gold price will fall, by contrast, to 900 dollars per ounce.

At the NYMEX COMEX, the gold price fell 0.2776% on Monday new york time, recording at 1077.60 dollars per ounce. Last Friday, the futures gold price for coming February closed at 1049.60 dollars per ounce, dropping 2.5%(27.20 dollars) a day after the last, which is the lowest level since October 2009.

For starters, when the interest rate is low, the dollar can weaken, and the opportunity to gain extra earnings falls. As a result, most of the capital pours into investing in gold, which is a way to multiply one's money. When this happens, the gold price increases; under regular circumstances, when the dollar weakens, the gold price climbs, displaying an inverse proportionate relationship.

With this in mind, the Sydney Morning Herald even reported that early next year's gold price can plunge to 1000 dollars per ounce.

However, according to other analysts, there is a forecast that the dollar will not continue to strengthen. If the dollar keeps strengthening, U.S. exports can shrink, as import and domestic prices dip, in return. Then, the economy's growth rate can stall.

Looking at this possible case, the Federal Reserve Board can decide not to additionally raise the U.S. interest rate, and with that, the gold price can bounce in one year at the one-digit level.