PRECIOUS METALS: Gold rocketed to US$1,913.50 an ounce on Tuesday before sliding US$200 over the following days. Investors banked profits ahead of Bernanke’s speech and also as exchanges increased their fees on gold transactions, analysts said.
Barclays Capital forecast that gold prices, which have surged in recent months on economic uncertainty, would average US$1,875 in the fourth quarter, and US$2,000 an ounce next year.
Gold Prices Forecast 2012, hit $2000 a troy ounce
Gold Prices Forecast 2012, hit $2000 a troy ounce, gold prices prediction 2012, : The price of gold could hit $2000 a troy ounce over the next year, Aberdeen Asset Management has predicted, as investors look for a safe haven for their money. Read More...
Economist/Banker: How High Will Gold / Silver Go In 2011?
We are talking about REAL ASSETS over here. We cant devalue or multiply these real assets out of thin air. After stellar years for both gold and silver, what prices will precious metals hit in 2011? Here's an in-depth analysis based strictly on their price behavior in the current bull market. Read More...
Just How High is Gold Going to Go in 2011 – 2012?
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