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New year offers gold another shot at $2,000

Posted by Forexsq 146 days ago (http://www.marketwatch.com)
img ForexSQ.com - Gold fell short in its run toward $2,000 an ounce this year, but one year’s failure may lead to next year’s success — or at least another good shot at it.

Gold futures prices GC2G 0.00% reached a record close near $1,900 an ounce in August and year to date, they’ve gained 13%. Still, many analysts had predicted since the start of 2011 that this would be the year prices for the precious metal reached $2,000.

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