Gold May Rise to $1,200 an Ounce, Exceeding Record, GFMS Says
Bloomberg, 08:00 (New York) 09-Apr-2008
By Claudia Carpenter
April 9 (Bloomberg) — Gold may rise to $1,200 an ounce this year, exceeding the record, as investors seek a hedge against credit-market turmoil and mining companies fail to keep up with demand, London-based researcher GFMS Ltd. said.
Buying by jewelers, the biggest users, will keep the price from falling […]


