Gold Price Predictions

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There are quite a few analysts who have in hesitation in stating that the price of gold might even go up to $2,200 or more for an ounce in the next few months. Hence for those who are looking at a good investment and hedge option there is no doubt that gold will continue to be one of the best alternatives.

However, when there are many others who are a bit skeptic about making statements about gold price predictions 2012 because they would like to recall the fact that the price per ounce has now settled on a much lower scale of around $17,750 from the high of $1,950 that it touched in September 2011. However given the current Euro Zone crisis and other such difficult economic situations around the world this period of lower trough of gold prices are sure to be very short lived. There are others who also feel that within the next two or three years the price of gold could even double from its current levels and touch around $5,000 per ounce.

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