09.08.2011 - How far will gold go in 2011?
Gold rally may take the yellow metal to $1912 by the end of 2011. If you consider percentage increases on the opening price of each year for the past 2 years, the 2012 opening price would be around the $1912 mark. John Taylor (Chairman- FX Concepts LLC, manages $8 billion) has also predicted Gold to hit $1900 mark by October. Taylor also predicts that once the recession hits, the prices may tumble to $1,100 per ounce amid broad-based liquidation and strength in the U.S. dollar.............................................Full Article: Source
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