| The price of gold would reach USD 3,400 per troy ounce in coming years, forecasts of analysts from Citigroup, quoted by Tavex, say. According to them in 2012 the cost of gold would exceed USD 2,400 per troy ounce.
French banking giant BNP Paribas did not agree with the forecast noting that gold price would not exceed USD 3,000 in the near future. Their forecasts say the average price of gold in the last quarter of the year would reach USD 2,030 per troy ounce growing to USD 2,220 in 2013, the Standart daily reads...............................................Full Article: Source
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