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'Blog Archive ? Top Gold Forecasters See Rally Until March' expats


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Blog Archive ? Top Gold Forecasters See Rally Until March

-- expats
Forum Post
11/02/11 11:40
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Blog Archive ? Top Gold Forecasters See Rally Until March

Thank author of this post/commentBloomberg (Nov 2) - The most accurate forecasters say gold will rebound from its biggest monthly plunge since 2008 and reach a record by March because economic growth is stagnating and Europe's debt crisis is unresolved. Futures traded in New York may rise 13 percent to $1,950 an ounce by the end of the first quarter, according to the median of estimates compiled by Bloomberg. The predictions are from eight of the top 10 analysts tracked by Bloomberg over the past eight quarters.

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