It is being predicted by many market analyst that gold prices can reach $2,200 per ounce in 2012. This is in fact a conservative prediction. There are some market analyst who are bullish and say that gold prices can reach as high as $3,000 per ounce in 2012. Now, this can be a bold prediction. But most including Morgan Stanley is putting their reputation on the line by predicting that the gold price will hit $2,200 per ounce in 2012.
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