Gold Price 2011 & Forecasts for 2012 and Beyond
Gold price 2011, 2012: Read the latest mid-and long-term gold price predictions on Gold in Mind. Watch videos of analysts and experts presenting their gold price forecasts.
Superfund's Aaron Smith expects gold to increase 50% to 100% by 2014, as measured in major currencies. He also thinks that an ounce of silver will trade for around $100 within the same timeframe.
Reuter's analyst Wang Tao predicts silver to be worth $55 within the next few years.
Recent developments, such as the legalization of gold and silver as official currency in Utah or the purchase of $1bn worth of gold by the University of Texas and similar big institutions may accelerate this development.
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