Gold set to gain more lustre
MUMBAI: Gold, headed for a 10th annual gain, may reach at least US$1,300 (US$1 = RM3.14) an ounce this year as investors seek a shield against financial turmoil, weak currencies and inflation, according to GFMS Ltd. “There is going to be in all likelihood a surge in investment demand toward the end of this year, driving prices toward the US$1,300 level and possibly beyond,” chief executive …
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