Gold to squeeze out fresh gains in 2010, flatten in 2011
Jan 28 2010 Reuters
A low global interest rate environment and concern about inflation should see gold prices gain further traction this year after a stellar 2009 and temper the dollar's recent gains, a Reuters poll showed.
The median forecast from a poll of 60 analysts conducted in January suggests gold will average $1,150.50 an ounce this year, 13 percent above 2009's median price, according to Reuters data, of $1,014, and marking a tenth successive year of gains.
http://in.reuters.com/article/domesticNews/idINLDE60O1WG20100127
28
January
Gold to squeeze out fresh gains in 2010, flatten in 2011
Jan 28 2010 Reuters
A low global interest rate environment and concern about inflation should see gold prices gain further traction this year after a stellar 2009 and temper the dollar's recent gains, a Reuters poll showed.
The median forecast from a poll of 60 analysts conducted in January suggests gold will average $1,150.50 an ounce this year, 13 percent above 2009's median price, according to Reuters data, of $1,014, and marking a tenth successive year of gains.
http://in.reuters.com/article/domesticNews/idINLDE60O1WG20100127