Gold Could Gain 30% by Year-End: Fund Manager

CNBC News reported that some analysts see gold gaining 30% by the end of 2011.

The market news is quoted as saying:

Ben Davies, Director and CEO of Hinde Capital which runs a physical bullion fund thinks if gold prices break past $1,440 in the coming weeks, they could make a $400 run to hit $1,840 by the end of the year.

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