The bull market in gold isn't showing any signs of slowing down.

The price of gold hit another record high at near $1,150-dollars early Wednesday.

Gold has been steadily rising against the dollar, which continues to lose value on the international market. The dollar's deflated value continues despite remarks from Federal Reserve chairman Ben Bernanke this week that the U.S wants a strong dollar.

Bernanke says a falling dollar, along with the rising prices of oil and other commodities, can lead to inflation.