BLBG: Gold May Rise to Over $1,300 in Second Half on Investor Demand, GFMS Says
Gold may rise to higher than $1,300 an ounce in the second half of this year, GFMS Ltd. Executive Chairman Philip Klapwijk said in slides prepared for delivery at a Beijing conference today.
“Investors will remain the principal driver of prices this year, with a breach of $1,300 in the second half a strong possibility,” he said in the slides.
