Goldman Sachs Group Inc. and Morgan Stanley yesterday reiterated their pick of gold as a favored commodity this year, as investors seek to protect their portfolios against the unrest in financial markets. Edel Tully, analyst from UBS predicts gold will reach $2,500/oz in 2012 and will average $2,050/oz - 26% above the current price.
http://goldsilver.com/news/gold-in-2012-to-average-2-050-oz-and-will-reach-2-500-oz-ubs/
http://goldsilver.com/news/gold-in-2012-to-average-2-050-oz-and-will-reach-2-500-oz-ubs/
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