GFMS, the UK precious metals consultancy, is predicting that gold prices could reach an all time high of over $1,000 an ounce in the first half of 2009.
Gold fixed at $833 on the afternoon of Monday January 19 at the London Bullion Market Association.
Some gold bulls believe that the $775bn rescue package proposed by US President-elect Barack Obama will weaken the dollar and therefore strengthen the price of...