| From Mineweb.com: Melek said the bull case for gold could reach a peak annual price of US$1,500 per ounce. Meanwhile, Melek forecasts that silver and PGMs should outperform gold "because demand for these materials will grow as investors buy them to hedge against the U.S. dollar and inflation (like gold); as jewellery demand recovers and as producers use them in manufacturing.
Supplies are unlikely to grow much in the short term due to production cuts on the mine side and a relatively high currency in producing countries.".....................................Full Article: Source
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