25.10.2011 - Economists expect gold prices to reach $2,500 an ounce no later than 2013
The general return of confidence in the U.S. dollar has cut demand for gold as a hedge against a collapse in the U.S. currency, but economists at Capital Economics said they don’t expect that to hold back gold for much longer — and investment demand should help boost silver too. “The monetary policy backdrop is highly favorable” for gold, they said in a quarterly report issued Tuesday.............................................Full Article: Source
Print