Gold…to $1,300/toz and beyond

Gold May Rise to $1,300 an Ounce Fueled by Investment Demand, GFMS Says

“There are still uncertainties looming in the global economy and that’s continuously driving demand for gold,” Kunal Shah, head of commodities research at Nirmal Bang Commodities Pvt., said at the Goa conference. “The risk premium which are there right now in the market can take gold to $1,300. It has the potential to break its all-time high.”

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