| 03.02.2012 - Gold producers receive optimistic analysts' forecasts |
| Canadian fund manager Eric Sprott shared a bullish gold outlook for the next 12 months, expecting gold to reach an all time high over $2,000 per troy ounce some time this year, with silver also climbing to a high above $50. This strengthening of spot market prices would imply growth rates of around 20 percent and 64 percent from Wednesday's valuations when gold traded at $1,658.90 per troy ounce with silver at $30.52...............................................Full Article: Source |