If the experts are right, gold could be poised for another banner year in 2008.
Experts say they expect continued weakness in the dollar and robust investment demand, and that prices for gold could surge to above $1,000 an ounce in the next 12 months, according to a broad cross-section of professionals interviewed by TheStreet.com.
As with last year, everyone in the group sees a continuation of the historic bull run. But this time there is also a distinct bias toward favoring bullion and the bullion exchange-traded funds, such as streetTracks Gold Shares (GLD Quote) and iShares Comex Gold Trust(IAU Quote), over mining stocks. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |


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