| The answer to the question "where will gold prices go in 2011" is one of the most sought after predictions on Wall Street. Gold prices rose 400% in the past decade and made a record breaking run in 2010, rising 26% and hitting an intraday high of $1,637.50 an ounce.
There are many factors that move the gold price. In 2010, one of the most popular reasons was investors buying gold as a hedge against financial disaster in Europe as European Union nations like Greece and Ireland teetered on the brink of default.............................................Full Article: Source
|