Gold Could Hit $3,000/oz Over Next 3-5 Years

Platts reported that RAB Capital sees gold prices rising to $3000/ounce in the next 3-5 years.

The market news is quoted as saying:

This view was backed up by Eily Ong, investment research manager at the World Gold Council. Even as little as 1% additional pension fund interest could lead to “fresh buying opportunities,” Ong said.

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