Gold Holding Above $900
January 15, 2008
Gold Holds a New Benchmark
Three hours after breaking the $900 mark and rising to $914, gold is holding it's own. At the time of this posting it's riding steady at $908. Keep an eye on The Bullion Desk for further developments throughout the day.
Talk of $1000 is again heating up, though most are expecting this figure to be a peak from which gold will drop. Forecasts from many analysts are predicting an average figure for gold during 2008 between $750 and $825. Gold Bugs are thinking much higher. Larger firms are showing gradual floors rising steadily for gold over the next three years.
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