| Gold has been treading water above the $1,340 an ounce level recently, coming off two-year highs hit earlier in August. Year to date the metal has gained almost 26% or more than $280 an ounce. It's been gold best first half run since 1980 when the price hit an all-time high on an inflation adjust basis.
The rally has surprised many analysts and at the start of the year the vast majority of investment and institutional analysts predicted gold would dip below $1,000 during the course of the year and average below last year's uninspiring $1,160 an ounce...............................................Full Article: Source
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