Gold Forecasted To Peak At $2,000 During The Next Year

thewealthnews.com — Gold is predicted to hit a new record level above the $2,000 mark during this year, or early next year. But the new peak is expected to come as the precious metal comes towards the end of a decade-long bull run, according to gold experts. The metals consultancy GFMS believes gold is likely to break through its previous record of $1,920 an ounce, which it reached in September 2011, in the last quarter of 2012 or the opening quarter of 2013. The consultancy has stated that this will happen "probably some time next year". It also forecasts that the price of gold will continue to weaken, as Feb 6, 2012 View in Crawl 4