Weak dollar, investors to push gold prices higher

Two industry experts predicted gold prices would push past $1,100 an ounce in the coming year, fueled by a weak U.S. dollar and growing inflation fears. GFMS Ltd. Research Director Philip Newman and Tim Dinneny, with metals trading and finance firm ScotiaMocatta, spoke on gold prices during The Plumb Club Forum, held Sunday and Monday in New York City. George Milling-Stanley, manager of investment and market intelligence for the World Gold Council, moderated the panel.

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Posted by Posted by Jewelry News at Wednesday, March 05, 2008 7:42 AM
Categories: gold, Precious Metals
 

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