Analysts Predict Gold To Surge Toward $1000

"I would be surprised given the scale of the economic crisis if gold doesn't scale above $1,000," he said ahead of the London Bullion Market Association annual conference in the ancient Japanese capital of Kyoto.

"In terms of core trading range for us, I have to say that gold going up towards the $1,000-level is not an impossibility at all," Paul Walker, CEO of GFMS.

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