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CNBC News reported that some analysts see gold gaining 30% by the end of 2011.
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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| Commodities | |||
|---|---|---|---|
| Gold | 2389.88 | +8.08 | |
| Silver | 28.25 | -0.64 | |
| Copper | 4.30 | -0.08 | |
| Oil | 85.20 | -0.21 | |
| Heating Oil | 2.65 | 0.00 | |
| Natural Gas | 1.65 | -0.04 | |
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