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Gold price 'to hit $2,000 an ounce'

From guardian.co.uk

Gold price 'to hit $2,000 an ounce'In September gold hit a record of $1,920 an ounce but an annual survey from Thomson Reuters predicts the price will rise again as investors search for a safe haven from US economic woes and low interest rates in Europe Gold prices are on the march again. Forecast to power past $2,000 (£1,300) an ounce later this year or in early 2013, the prices will be underpinned by fearful small investors in Germany and Switzerland buying ever more bars and coins, as well as rising demand for gold jewellery from India's and China's burgeoning middle classes. The Thomson Reuters GFMS annual gold ... (full story)

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