| From Commodityonline.com: HSBC today announced has lifted its Gold Price forecasts for 2009, 2010 and 2011. The world's largest financial services group is now predicting that the yellow metal will average $990 per ounce this year, up from a previous estimate of $925 per ounce.
In addition, its 2010 view has been revised from $950 per ounce to $1,100 per ounce, while it now pegs gold at an average of $975 per ounce in 2011, rather than $825 per ounce...................................Full Article: Source
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