| 01.12.2008 - Gold may glitter most since 1999 on safe-haven bid |
| From Business24-7.ae: Dresdner Kleinwort said it expects gold prices to average $870 an ounce this year, falling to $740 an ounce in 2009. For silver, it forecasts an average price of $15 an ounce in 2008 and $9.75 next year. Gold is typically seen as a hedge against inflation. Some traders said they thought gold's prospects remained positive as the market awaited the outcome of Opec's production meeting this weekend and a spate of US economic data..... Full Article: Source |