Posted By : Daniel Kiernan on September 16th, 2011
Location : gold
Gold could push through the $2 000/oz level by year-end on the back of strong investment demand, the latest Thomson Reuters GFMS Gold Survey 2011 Update states.
The report, the first to be prepared by the precious and base metals research consultancy since its acquisition by Thomson Reuters, was released in London and Hong Kong on Thursday.
Speaking at the Hong Kong launch, the consultancy’s global head of metals analytics Philip Klapwijk said investment in all forms could rise to a record of above 1 000 t during the second half of 20…