27.01.2012 - Gold to hit $2,000/Oz by third quarter, then retreat – Barclays
Precious metals, paced by gold breaking $2,000 an ounce by the third quarter, should lead the commodity sector in 2012 with 20% gains by the end of the second quarter and up 21% for the entire year, Barclays Capital said Thursday. In a research note, Barclays said after rising to $2,000 by the third quarter, gold likely will back off slightly. Gold will still end higher year-over-year, Barclays said. Silver should have a similar trajectory, up in the first and second quarter, peaking in the third quarter..............................................Full Article: Source
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