Prices of precious metals have also risen, as have industrial ingredients like iron ore.
It is not just the price of gold that has been rising: so, too, have the prices of precious and base metals.
And given the increase in prices for precious metals and stones, that loss could mean a significant financial as well as sentimental cost.
The dollar's slide has helped to inflate the prices of precious metals like gold and the values of foreign currencies.
"Even today, prices for precious objects like a snuffbox by Neuber or Stiehl can equal the price of a luxury apartment in Paris," said Marine de Cenival, silver specialist at Christie's, in an interview.
That two such successful investors should take such wildly differing views on the price of gold underlines how much uncertainty surrounds the prices of precious metals and other commodities, at least in the short term.
The prices of precious metals and other commodities, an early indication of inflation, are already in a bull-market phase.
Prices of precious metals - such as gold and silver - held steady during the morning, despite having previously followed other commodities sharply lower during Thursday's market rout.
Buoyed by high prices for precious metals, the market capitalization of Minera Frisco has soared to a recent $11.7 billion, 25% greater than that of its former parent, Grupo Carso.
Gold, which has captured increased investor attention amid inflation fears and concerns about the strength of the U.S. dollar, helped lift prices across precious metals on Monday with silver for December delivery gaining 0.7% to finish at $17.82 and December palladium ahead by 1.9%, to settle at $329.80.
