| The Royal Bank of Scotland (RBS) states in their new report that gold prices could hit a peak at $1800/oz by the last quarter of 2012. However, gold is expected to enter a period of steady decline from then, the bank warns
"As the road-map to a more normal macroeconomic environment is in sight and given gold will still be near its historical highs, we believe that investors will rotate into other asset classes”, the bank's report states while adding that gold is expected to average $1725/oz in 2012...............................................Full Article: Source |