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    gold investing

    Citigroup Predicting Much Higher Prices for Gold

    Investing News Network
    Mar. 05, 2012 08:49AM PST
    Precious Metals

    Business Insider reported that Citigroup forecast gold prices to reach $2400 in 2012, and go even higher next year.

    Business Insider reported that Citigroup forecast gold prices to reach $2400 in 2012, and go even higher next year.

    As quoted in the market news:

    Continuing negative real interest rates and global currency debasement are strong fundamentals leading most analysts to forecast much higher prices. Citigroup have said that they believe that gold will rise to $2,400/oz in 2012 and by $3,400/oz in “the coming years”.

    Click here to read the full Business Insider report.

    gold will risegold investing
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