18.01.2013 - Gold expected to sparkle with forecast to set new high
Gold is expected by many to continue to sparkle as an investment opportunity over the next two years despite a 12-year bull run that briefly took the precious metal as high as US$1,900 an ounce before pulling back. Investment strategist Gavin Graham says gold should rise from its current price of US$1,689 an ounce to approach the 2011 high price later this year before perhaps hitting US$2,000 in 2014. "I know a number of people have got US$2,000 an ounce pencilled in at some stage over the next 18 months to two years and that's not an unreasonable forecast," the president of Graham Investment Strategy Ltd. said...............................................Full Article: Source
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