16
September
Gold seen above $1,100 in 2010 on cenbank buying
16 September 2009 Reuters
The price of gold could rise above $1,110 an ounce in 2010 as central banks diversify their reserves into gold due to a faltering dollar, economist Martin Murenbeeld told the Denver Gold Forum on Tuesday.
Murenbeeld, president of Canada-based consultant DundeeWealth Economics, forecast gold could rise to an average of $1,116 an ounce in 2010.
http://www.reuters.com/article/usDollarRpt/idUSN1541476920090915
