Gold gold prices could double, experts say
Thursday, March 06 - 2008 at 08:31
With the price of gold near $1,000-per-ounce barrier, experts predict it could reach higher records and even double this year, reported Reuters. Jay Taylor, who produces an investor newsletter, Gold & Technology Stocks, said gold could spike to $1,500 this year. Peter Spina, who runs goldseek.com, a gold investor web site, said prices in the $1,500-$2,000 range in the next 12 months is 'definitely possible'. On Wednesday, gold rose to a record high $995.20 an ounce in the April futures contract.
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Jeff Florian, Senior ReporterThursday, March 06 - 2008 at 08:31 UAE local time (GMT+4)
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