The price of gold stabilized last year after a period of speculation because of the volatility of the U.S. and global financial markets during the Great Recession. Escalating gold prices generally reflect greater fears about the economy, so the smaller increase in 2012 could reflect less fear. Investing advisers disagree on what gold prices will do in 2013. The price of gold at the beginning of this week was $1,604 per ounce.