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Reuters reported that gold’s twelve-year bull run could peak in 2013 at over $2,000 per ounce.
Reuters reported that gold’s twelve-year bull run could peak in 2013 at over $2,000 per ounce.
As quoted in the market news:
The market is expected to rise to new highs by early 2013 after struggling this year against a backdrop of softer demand in key physical markets and slackening investment appetite for bullion, GFMS chairman Philip Klapwijk told Reuters.
Gold prices are likely to be driven above $2,000 as concerns over the euro zone debt crisis persist and the prospect of more U.S. monetary easing gains ground, he said.
