Gold prices may hit $3,600 by 2015

Published Date: 
Wednesday, February 12, 2014

Gold prices will remain under pressure and stay in a range as low as $1,150 per ounce to close the year at $1,279 given the mild recovery of the US economy, but could reach $3,600 per ounce by 2015 on the back of an explosive growth in US money supply, precious metal experts forecast.


In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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